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  • 08-09-18

    Egypt's Zohr gas field production hits 2bn bcf/d

    (MENAFN) Egypt's output from its Zohr offshore gas field was announced to have recorded a boost to reach 2 billion cubic feet per day (bcf/d).

    It comes after Italy's Eni unveiled its projection for the production of capacity from the giant offshore gas field to stand at 2 bcf/d in September.

    The Egyptian gas field has received an investment of USD7.7 billion, as revealed the Egyptian Petroleum Ministry on Friday.

    The ministry was also affirmed to have set a target to lure around USD10 billion of foreign investment in the field of oil and gas within the current fiscal year.

    MENAFN0809201800450000ID1097404249

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