• 13:01
  • Thursday ,31 May 2018
العربية

Egypts Zohr gas field expected to double production to 2 bln cubic feet per day by end of 2018: Minister

By-Ahram

Home News

00:05

Thursday ,31 May 2018

Egypts Zohr gas field expected to double production to 2 bln cubic feet per day by end of 2018: Minister

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 governorate; he was accompanied by government officials and the CEOs of Egyptian gas holding companies.
 
The minister revealed that Egypt is planning to add 1 bcf/d to the current output in Zohr, aiming to achieve self-sufficiency in gas production by the end of this year. 
 
"Since it started production at the end of December 2017, the Zohr gas field s production has tripled to reach 1 bcf/d per day," El-Molla said.
 
The Zohr field, the largest natural gas discovery ever made in the Mediterranean, is located off Egypt s northern coast within the Shorouk block, some 190 km north of Port Said.
 
Earlier this month, Italian multinational oil and gas company Eni, which holds a 60 percent stake in the Shorouk block, announced the start-up of the third production unit (T-2) of the Zohr gas field project, increasing its functional capacity to 1.2 bcf/d.
 
Field production is expected to rise to 2.7 bcf/d by the end of 2019, transforming Egypt into a regional power hub.