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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 >>  5/14/2018 - Last week, the Minister of Energy of Cyprus, Mr. George Lakkotrypis, and the Minister of Petroleum and Mineral Resources of Egypt, Eng. Tarek El Molla...
Egypt >>  5/14/2018 - Governor of Egypt's Central Bank Tarek Amer said that the country is expected to make an $850 million payment on its debts to foreign oil companies. ...

Egypt >>  5/10/2018 - Eni announces the start-up of the third production unit (T-2) of the Zohr project, increasing the installed capacity to 1.2 bcfd. Zohr is now producin...
Egypt >>  5/10/2018 - China’s GCL Group has signed a memorandum of understanding (MOU) with Egypt’s ministry of military production to build a solar panel facility at a cos...

Egypt >>  5/9/2018 - Egypt has approved an exploration agreement with Italy’s Eni and the Egyptian Tharwa company to search for oil and gas in the Mediterranean off the co...
Egypt >>  5/9/2018 - Egypt and Uganda signed a number of cooperation agreements on Tuesday in a ceremony in Cairo attended by ministers of both countries and presided over...

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