{"id":628783,"date":"2018-05-14T04:10:12","date_gmt":"2018-05-14T04:10:12","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/14\/are-eni-and-lukoil-investing-in-usd-700-mn-gas-plant-in-the-western-desert\/"},"modified":"2018-05-14T04:10:12","modified_gmt":"2018-05-14T04:10:12","slug":"are-eni-and-lukoil-investing-in-usd-700-mn-gas-plant-in-the-western-desert","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/14\/are-eni-and-lukoil-investing-in-usd-700-mn-gas-plant-in-the-western-desert\/","title":{"rendered":"Are Eni and Lukoil investing in USD 700 mn gas plant in the Western Desert?"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <strong>INVESTMENT WATCH- Are Eni and Lukoil investing in USD 700 mn gas plant the in Western Desert?<\/strong> Italy\u2019s Eni and Russia\u2019s Lukoil plan to invest USD 700 mn to develop a natural gas processing plant in the Western Desert, said Mohamed El Kaffas, chairman of Eni joint venture AGIBA. The plant is expected to have a capacity of 100 mcf\/d with plans to ship the processed gas to Alexandria through a 200 km pipeline, <a href=\"https:\/\/www.egypttoday.com\/Article\/3\/49929\/Consortium-to-build-natural-gas-processing-plant-in-Egypt%E2%80%99s-Western\">he tells Egypt Today<\/a>. The plant is expected to be completed in three years. AGIBA plans to drill 28 wells in the Western Desert concessions in tandem with the development of the plant.<\/p>\n<p><strong>Caveat emptor: <\/strong>We have not seen this story covered anywhere else in the press and we await comment from Eni confirming the project.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>INVESTMENT WATCH- Are Eni and Lukoil investing in USD 700 mn gas plant the in Western Desert? Italy\u2019s Eni and Russia\u2019s Lukoil plan to invest USD 700 mn to develop a natural gas processing plant in the Western Desert, said Mohamed El Kaffas, chairman of Eni joint venture AGIBA. The plant is expected to have [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-628783","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"a0069454-204d-4448-a3a2-2592570b23fe","order":"0","is_powered_by":true,"section_story_id":"8a9e4de0-d1f1-4688-b6db-69a9c70d6e39","story_type":"1","photo_url":"","photo_position":"above","related_issue":[628771],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Are Eni and Lukoil investing in USD 700 mn gas plant in the Western Desert? - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/14\/are-eni-and-lukoil-investing-in-usd-700-mn-gas-plant-in-the-western-desert\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Are Eni and Lukoil investing in USD 700 mn gas plant in the Western Desert?\" \/>\n<meta property=\"og:description\" content=\"INVESTMENT WATCH- Are Eni and Lukoil investing in USD 700 mn gas plant the in Western Desert? Italy\u2019s Eni and Russia\u2019s Lukoil plan to invest USD 700 mn to develop a natural gas processing plant in the Western Desert, said Mohamed El Kaffas, chairman of Eni joint venture AGIBA. 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Italy\u2019s Eni and Russia\u2019s Lukoil plan to invest USD 700 mn to develop a natural gas processing plant in the Western Desert, said Mohamed El Kaffas, chairman of Eni joint venture AGIBA. 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The\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":570097,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/18\/eni-is-investing-usd-60-mn-more-in-egypt\/","url_meta":{"origin":628783,"position":1},"title":"Eni is investing USD 60 mn more in Egypt","author":"enterpriseam admin","date":"18 March 2020","format":false,"excerpt":"INVESTMENT WATCH- Eni is tacking on an additional USD 60 mn for its planned investments in Egypt\u2019s Agiba: Italy\u2019s Eni is planning to invest USD 60 mn more than was initially planned this year in its JV Agiba to increase exploration and development operations in the Western Desert and the\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":639584,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/12\/oil-ministry-is-setting-up-a-usd-600-mn-gas-treatment-facility\/","url_meta":{"origin":628783,"position":2},"title":"Oil Ministry is setting up a USD 600 mn gas treatment facility","author":"enterpriseam admin","date":"12 August 2024","format":false,"excerpt":"A trial period will kick off in 1Q 2025 before operation begins mid-2025","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/8\/903.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":556490,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/27\/eni-makes-3-new-oil-and-gas-discoveries-in-western-desert\/","url_meta":{"origin":628783,"position":3},"title":"Eni makes 3 new oil and gas discoveries in Western desert","author":"enterpriseam admin","date":"27 October 2021","format":false,"excerpt":"Italian oil and gas producer Eni has made three new oil and gas discoveries in its Meleiha and South West Meleiha concessions in the Western Desert, the Oil Ministry announced in a statement. The three discoveries have a collective potential daily output of 6k barrels of oil, while the collective\u2026","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":570981,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/26\/breakdown-in-naturgy-eni-and-egpc-damietta-dispute-resolution\/","url_meta":{"origin":628783,"position":4},"title":"Breakdown in Naturgy, Eni and EGPC Damietta dispute resolution","author":"enterpriseam admin","date":"26 April 2020","format":false,"excerpt":"DISPUTE WATCH- The resolution of a long-simmering dispute over a shuttered Damietta LNG plant has fallen apart despite an agreement reached last month, according to a cabinet statement. 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