Egypt to complete development on Zohr one year ahead of schedule

Egypt to complete development on Zohr one year ahead of schedule: Egypt will complete the development of the Zohr gasfield at the beginning of 2019, instead of the end of the year, Oil Minister Tarek El Molla said on Thursday, according to Reuters. Egypt had been speeding up the development of the giant gasfield, with early phase production commencing ahead of schedule last December. Speedy development of the field had helped Egypt move forward its plans to cut imports of LNG from late 2018 to July.