Egypt: Towards an energy hub

Natural gas production in Egypt developed to reach an estimated seven billion cubic feet per day in September 2019, compared to 6.8 billion during fiscal year 2018-19 that ended in June, 5.6 billion in 2017-18, and 4.5 billion in 2016-17.

The Italian energy company Eni said that this accelerated growth in natural gas production was mainly due to the rapid increase in production at the Mediterranean Zohr field, which it discovered in 2015. Zohr, 60 per cent owned by Eni, is one of the largest fields in the Middle East and North Africa region.

The Zohr field started production in 2018 and is currently producing about three billion cubic feet of natural gas per day from 13 wells, helping Egypt to reach self-sufficiency in gas and to start exporting the excess.

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Egypt: Towards an energy hub