The Egyptian cabinet expects the investments of the Zohr gas field to reach $ 15 billion over the next three years, as the offshore field operates at full production capacity without technical problems.
The Cabinet noted that there is no truth to the existence of technical problems in the Zohr field that caused a decline in the field's production capacity of natural gas. Which threatens to put it out of service, stressing that the Zohr field is operating at the highest efficiency and at its full production capacity, as work is currently underway to drill well No. 20 in the field.
Egypt's position as a gas-producing country was strengthened thanks to Eni's discovery of the giant Zohr field in the eastern Mediterranean in 2015.
Source (Al-Arabiya.net Website, Edited)
