Egypt’s natural gas production rises to 7 bln cubic feet per day – senior official

0
284

CAIRO, Sept 2 (Reuters) – Egypt’s natural gas production rose to 7 billion cubic feet (bcf) per day from a level of 6.8 bcf per day at the end of June, a senior petroleum ministry official told Reuters on Monday.

Natural gas production at Egypt’s Zohr field, the largest in the Mediterranean, had risen to 2.7 bcf per day, around five months ahead of its development plan, operator Eni SpA said in August.

Egypt hopes to leverage its strategic location and existing infrastructure to position itself as a Mediterranean energy hub. It announced that it had become self-sufficient in natural gas at the end of 2018.

Reporting by Ahmed Ismail; Writing by Nadine Awadalla; Editing by Louise Heavens

SHARE
Previous articleIn Depth: Is the Next Global Recession in Sight?
Next articleTesla batteries help keep Zimbabwe economy running
Godwin Okafor is a Financial Journalist, Internet Social Entrepreneur and Founder of Naija247news Media Limited. He has over 16 years experience in financial journalism. His experience cuts across traditional and digital media. He started his journalism career at Business Day, Nigeria and founded Naija247news Media in 2010. Godwin holds a Bachelors degree in Industrial Relations and Personnel Management from the Lagos State University, Ojo, Lagos. He is an alumni of Lagos Business School and a Fellow of the University of Pennsylvania (Wharton Seminar for Business Journalists). Over the years, he has won a number of journalism awards. Godwin is the chairman of Emmerich Resources Limited, the publisher of Naija247news.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.