West El Brullus Gas

West El Brullus Gas Field Project - Financing

Borrower(s)
West El Brullus Gas
Industry
Oil & gas/Gas - Upstream (Exploration and production)
Area of finance
Project & Infrastructure Finance
Region
Africa
Africa
Countries
Egypt

Deal Overview

Cheiron Egypt Delta has received a $75 million loan from four Egyptian banks to fund a project to develop an offshore gas field in the Mediterranean Sea. Cheiron had obtained the concession for the West El Burullus offshore gas field development from the Egyptian government in January 2023.

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Deal Volume
$75m
Financial Close
07/02/2025
Dealmakers
Sources

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Tranches

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Project Deals

West El Brullus Gas Field Project
$165m
Greenfield
Gas - Upstream (Exploration and production)
Africa
Africa
Egypt