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    Eni’s Descalzi Presents Zohr Field Development Plan to Egyptian President Al-Sisi

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Summary

Eni’s Chief Executive Officer, Claudio Descalzi presented to Egypt’s President Abdel Fattah Al-Sisi the development plan for the Zohr field.

by: Sergio

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Natural Gas & LNG News, News By Country, , Egypt

Eni’s Descalzi Presents Zohr Field Development Plan to Egyptian President Al-Sisi

Eni’s Chief Executive Officer, Claudio Descalzi presented the development plan for the Zohr field to Egypt’s President Abdel Fattah Al-Sisi. 

‘The parties confirmed the joint commitment to accelerate the production start-up of the field’ reads a note released by Eni on Monday, referring to a meeting on Sunday

Italy’s Eni explained that Descalzi and Al-Sisi discussed additional projects.

‘They discussed the possibility of setting up a gas hub in the eastern Mediterranean Sea aimed at making the Egyptian transport and export facilities also available for the nearby discoveries.’

In August, Eni announced a giant discovery off Egypt’s shores, the largest field discovered to date in the Mediterranean. The Zohr well, located in 1,450 meters of water in the Shorouk exploration block, could hold up to 30 Tcf.