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Rosneft Will Invest Over $2B at Zohr Field

Source: Reuters 11/14/2017, Location: Egypt

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Russia’s largest oil producer Rosneft will invest more than $2 billion in Egypt’s Zohr gas field in the next four years, the company said in a presentation.

It also said the production plateau at the field, where Rosneft may increase its stake to 35 percent, is seen at 29 billion cubic metres of gas a year.

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