El Molla: Zohr gas field to produce 2 bcf/d by end of 2018
Egypt’s Petroleum Minister Tarek El-Molla said on Wednesday that the country’s giant Zohr gas field is expected to produce 2 billion cubic feet of gas per day (bcf/d) by the end of 2018. El-Molla’s statements came during in a visit to follow up on thee progress of work in the Mediterranean Zohr field in Port Said […]
Egypt's supergiant Zohr natural gas field in numbers
The Zohr gas field is an offshore natural gas field located in the Egyptian sector of the Mediterranean Sea. Egypt Today provides a summary of the most important numbers of the Zohr Gas Field: 1. Zohr Gas Field is located in the Shorouk concession, approximately 190 km north of Port Said in an area of 100 […]
Egypt's President Sisi inaugurates giant Zohr gas field
Egypt’s President Abdel-Fattah El-Sisi inaugurated on Wednesday the first stage of production at the super-giant Zohr gas field, which the country predicts will help achieve its goal of self-sufficiency in the supply of liquefied natural gas (LNG). El-Sisi praised the collaborative effort between several Egyptian companies, including Belayim Petroleum Company (Petrobel), a joint venture between […]
A Fast-Approaching Future: Interview with Tarek El-Molla (ABO.net)
By Giancarlo Strocchia Interview with Tarek El-Molla, Egypt’s Minister of Petroleum and Mineral Resources. Thanks to major gas discoveries in the Mediterranean and a vast infrastructure upgrade plan for its crude oil conversion system, Egypt has the opportunity to become a regional energy hub and reach its goal of energy self-sufficiency by 2018. Cordiality and […]
Eni: Zohr field will allow Egypt to return to being a net energy exporter
Eni CEO Claudio Descalzi met Egypt’s Prime Minister Sherif Ismail August 1 on the latest leg of his North African tour. Eni said the meeting with Ismail focused primarily on the future of Zohr’s mega offshore gas field and its positive impact on the economy. “With a potential of 850 billion cubic meters of gas […]
BP and Rosneft agree strategic cooperation in gas business
Rosneft and BP have signed an agreement on strategic cooperation in gas and a Memorandum of Understanding (MoU) in respect to the sale and purchase of natural gas in Europe. The documents were signed at the XXI St Petersburg International Economic Forum (SPIEF). The two companies agreed to develop integrated cooperation in gas and aim […]
President Sisi: New gas discoveries to save Egypt $3.6 billion per year
Egyptian President Abdel Fattah al-Sisi said he expected that recently discovered gas fields would save Egypt about $3.6 billion yearly as they start coming into production, state-run newspapers reported on Tuesday night. Egypt wants to speed up gas production from newly-discovered fields, with an eye to halting imports by 2019. Once an energy exporter, it […]
Zohr gas field to start producing this year
Zohr will start gas production in December, according to an investor presentation held in Milan today by Eni. The Zohr discovery, which was made in August 2015, is believed to hold 5.5 billion barrels of oil equivalent, according to Eni’s website. A December production commencement date would mark a 2.3 year timespan from discovery to […]
Eni to start producing 200 mmcfd of gas from Zohr in October
Company to rent a temporary gas processing plant until the completion of the permanent unit, says source. The Italian company Eni aims to begin pumping 200 million cubic feet of gas per day (mmcfd) from the deep-water Zohr field in the Mediterranean by October, through a temporary ground gas processing station. A source at the […]
CBE: Egypt pays Italy's Eni $630 million for Zohr gas field development
The Central Bank of Egypt (CBE) said on Tuesday it has paid the government’s financial obligation to Italian energy company Eni for the development of the giant Zohr gas field discovered off the Mediterranean coast in 2015. In statements to state news agency MENA, CBE Assistant Subgovernor Rami Aboul Naga said the bank paid $630 […]
