Egypt's Zohr gas field starts pumping

Remigio Civitarese
Dicembre 18, 2017

Output from Egypt's giant offshore Zohr gas field in the Mediterranean will raise Egypt's natural gas production to 5.5 billion cubic feet per day from 5.1 billion daily, Petroleum Minister Tarek El-Molla told Reuters on Sunday.

He described the production of Zohr natural gas field as "unprecedented" which marks a milestone in the history of worldwide gas production in general and Egyptian gas production in particular.

He explained in a statement that with the completion of the first phase of the project planned for June 2018, production will gradually reach more than one billion cubic feet of gas per day, which will contribute positively to achieving self-sufficiency of natural gas and reduce the burden on the state budget and reduce the import bill. However, Eni's discovery of Zohr in August 2015 promises to satisfy much of the local demand and could restore the nation as a gas supplier for the eastern Mediterranean region.

The company said in August that it meant to pump investments of 3.5 billion USA dollars into Egypt in 2018, representing half of the company's annual investments.

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