INA started gas production in Egypt, following the commercial gas discovery in 2022 in the East Damanhour block in the Nile Delta. The gas well was rapidly connected to the production infrastructure of the Disouq field located nearby and was put into production on September 26.
INA’s initial production share is approximately 200 barrels of oil equivalent per day.
In 2021, INA entered into the East Damanhur concession as a 20% partner with operator Wintershall DEA and partner Cheiron Energy. Earlier in 2023, they completed the exploration activities.
INA’S CEO Zsuzsanna Ortutay said that Egypt is INA’s key foreign market for oil and gas exploration and production, where the company has had a long-standing presence. It is the first time INA is producing gas in Egypt.