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Egypt to Increase Gas Production at Zohr to 700 mcf per day

Source: Reuters 3/4/2018, Location: Egypt

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Egypt aims to increase production at its huge Zohr offshore gas field in the Mediterranean to 700 million cubic feet per day in May from about 350 million cubic feet per day currently, Petroleum Minister Tarek El Molla told Reuters on Sunday. Discovered in 2015 by Italy’s Eni, the field contains an estimated 30 trillion cubic feet of gas. Eni CEO Claudio Descalzi said last month that the goal was to reach 2.9 billion cubic feet per day by mid-2019.

Egypt >>  9/17/2018 - Gastec Corporation and Italian oil and gas company Eni signed an agreement to establish auto service and gas and natural gas fuel stations in various ...
Egypt >>  9/17/2018 - The Egyptian Natural Gas Holding Company (EGAS) provided 2.1 trillion cubic feet of gas to all local market economic sectors in FY 2017/18, leading to...

Egypt >>  9/15/2018 - Minister of Petroleum and Mineral Resources Tareq el Molla signed two deals with firms from Canada, the UK, the Netherlands, Malaysia and Kuwait to ex...
Egypt >>  9/8/2018 - Eni announces that Zohr field is now producing 2 bcfd, equivalent to approximately 365,000 boed. This outstanding result has been achieved only a few ...

Egypt >>  9/6/2018 - The International Islamic Trade Finance Corporation (ITFC) announced the signing of two new Agreements between ITFC & the Government of the Arab Repub...
Egypt >>  9/5/2018 - Egypt will pay $2 billion to Union Fenosa Gas Company as a settlement for halting gas supplies to the company’s Damietta LNG plant, according to the W...

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