KUALA LUMPUR: Malaysia’s state energy firm Petronas has announced the start of production from Phase 2 of its Ghazeer gas field located in Block 61, Oman, three years after the Khazzan gas field (Phase 1) was brought online.
With Ghazeer, production capacity from Block 61 is expected to rise to 1.5 billion cubic feet per day with more than 65,000 barrels per day of associated condensate, it said in a statement.
Block 61 is operated by BP Exploration (Epsilon) Ltd with a 60% participating interest. Petronas subsidiary, PC Oman Ventures Ltd, holds 10% while Makarim Gas Development LLC holds the remaining 30%, Petronas said. — Reuters
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