Zohr gas field produces 12.2 bcm in 2018:Rosneft

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Thu, 31 Jan 2019 - 01:57 GMT

Development Works at Zohr gas field - Photo courtesy of Eni website

Development Works at Zohr gas field - Photo courtesy of Eni website

CAIRO - 31 January 2019: Egypt’s gas field,Zohr, recorded an output of 12.2 billion cubic meters (bcm) in 2018, according to Russian energy company,Rosneft.

Rosneft, which owns a 30 percent stake of the Shorouk concession where Zohr gas field exists, added that the production increased almost four times during the second half of 2018 compared tothe result of the first half of 2018, which amounted to 3.1 bcm of gas.

Eni, through its subsidiary IEOC, currently holds a 50 percent stake, while the other partners are Rosneft with 30 percent, and BP and Mubadala Petroleum with 10 percent.

“During 2018, the treatment capacity of the Zohr project was being continually increased from 11.3 million cmd (400 million cfd) to the current 56.6 million cmd of gas (2 billion cfd), which was planned previously according to the development plan and Gas Sales Agreement,” the statement noted, elaborating that the development of the field is going ahead of schedule.

The company estimated the gas output to hit the designed capacity of76 million cmd (2.7 billion cfd).

Eni discovered Egypt's giant Zohr gas field in 2015. In December 2017, the company delivered the first gas production from the field estimated at 30 trillion cubic feet, which makes it the biggest gas field in the Mediterranean region.

Zohr gas field in numbers

CAIRO - 31 January 2018: The Zohr gas field is an offshore natural gas field located in the Egyptian sector of the Mediterranean Sea. Egypt Today provides a summary of the most important numbers of the Zohr Gas Field: 1.




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