The development of Eni’s super-giant gas field Zohr is 80% complete, CEO Claudio Descalzi said in a meeting with Prime Minister Sherif Ismail. Descalzi says the speed at which Zohr is being developed is a record in the oil industry and that the potential of the gas produced from there is set to “satisfy almost all of the total domestic gas demand for the coming decades [and] also allow Egypt to return to being a net energy exporter.” Descalzi had confirmed in news we covered yesterday that first gas from the field is still set to be reached before year-end.
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