Oil & Gas

Eni’s IEOC to raise production from Egypt’s Zohr gas field to 1.2 bcf/d

IEOCEni subsidiary IEOC aims to increase gas production from Egypt’s Zohr field to 1.2 billion cubic feet per day (bcf/d) in May, and lift it to 2 bcf/d by the end of 2018, IEOC general manager Fabio Cavanna said on Tuesday.

Discovered in 2015 by Eni, the field contains an estimated 30 trillion cubic feet of gas.

Egypt has been seeking to speed up production from recently discovered fields, with an eye to halting imports by 2019 and achieving self-sufficiency.

(Source: Reuters)

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