Sisi Requests Eni to Expedite Development of Zohr Field

Egyptian President Abdel Fattah Al-Sisi has requested Eni to accelerate the development of recently discovered Zohr gas field, Egyptian government said in a press statement Sunday.

Al-Sisi, and Eni’s Chief Executive Officer, Claudio Descalzi, met in Cairo to discuss Eni's activities in the country.

During the meeting, Eni’s CEO presented to President Al-Sisi the development plan for the Zohr field. The parties confirmed the joint commitment to accelerate the production start-up of the field, Eni said in a separate statement.

Furthermore, they discussed the possibility of setting up a gas hub in the eastern Mediterranean Sea aimed at making the Egyptian transport and export facilities also available for the nearby discoveries. 

In August Eni made a “world class supergiant gas discovery” at its Zohr prospect, in the deep waters of Egypt. The discovery could hold a potential of 30 trillion cubic feet of lean gas in place (5.5 billion barrels of oil equivalent in place) covering an area of about 100 square kilometres. Zohr is the largest gas discovery ever made in Egypt and in the Mediterranean Sea and could become one of the world’s largest natural-gas finds.