Rosneft says to invest over $2 billion in Egypt’s Zohr in 2018-2021

Rosneft

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 on Tuesday.

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.

(Source: Reuters)

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