- QatarEnergy selects Nakilat to own and operate 25 conventional LNG vessels
- The joint development of the Dorra field between Saudi Arabia and Kuwait is pending the demarcation of the border with Iran
- Minister of Energy reaffirms the UAE’s commitment to adopting clean energy and supporting the Paris Agreement
- The new Hassi Messaoud refinery enjoys the support of the government and President Tebboune
- Increasing electrical interconnection capacities to export electricity beyond borders
- Qatar Energy stops sending liquefied gas tankers through the Red Sea for security reasons
- The inauguration of the Duqm Refinery, the largest joint Gulf project in the refinery sector
- Saudi oil exports are faltering due to Houthi attacks on ships in the Red Sea and Gulf of Aden
- Algeria to host and chair the Gas Exporting Countries Forum summit (February 29 to March 2, 2024)
- Egypt Energy Conference and Exhibition 2024 gives a strong impetus to the global energy dialogue
Rapid increases in gas production from the Egyptian «Zohr» field
The Russian energy company Rosneft said that natural gas production from the Egyptian field “Zohr”, which is the largest gas field in the Mediterranean, has more than tripled in the first half of this year to 11.3 billion cubic meters.
The field is an important asset of the Kremlin-controlled Rosneft as part of its global expansion strategy and natural gas program.
The Russian company says that the production of gas from the offshore project will reach 2.7 billion cubic feet per day by the end of this year 2019 compared to 2.4 billion at the present time, adding that the production of the field is going to develop faster than the schedule.
According to Reuters, Rosneft bought a 30% stake in the Zohr field from Italy’s Eni in 2017.Eni is in control of 50% of the project, while British Petroleum and Mubadala Oil own 10% each.
Italy’s Eni discovered the Zohr field in 2015, which has reserves of 30 trillion cubic feet of natural gas.
In September 2018, Egypt declared self-sufficiency in natural gas and halted the import of liquefied gas from abroad. Egypt is seeking to become a regional energy center, and is making great efforts to accelerate production from its newly discovered fields, including increasing production from gas fields in the Mediterranean, as well as raising the production of the Zohr field to three billion cubic feet per day by the end of 2019.
