Italy-based Eni discovers supergiant gas field in Mediterranean Sea

investgazeta.net

Zohr is the largest gas discovery ever made in Egypt and in the Mediterranean Sea, reads the report.

Eni says it will immediately appraise the field with the aim of accelerating a fast track development of the discovery that will utilise at best the existing offshore and onshore infrastructures.

Read alsoGazprom's gas output, exports in H1 decline significantlyEni’s CEO, Claudio Descalzi, has recently travelled to Cairo to update Egypt’s President,  Abdel Fattah Al-Sisi, to discuss this discovery with the Prime Minister, Ibrahim Mahlab, and the Minister of Petroleum and Mineral Resources, Sherif Ismail.

The company says that exploration success will give a major contribution in satisfying Egypt’s natural gas demand for decades.