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Monday, 24 September 2018

Oil Ministry agrees with IOCs to expedite work on Zohr, 9B, North Alexandria fields

The Oil Ministry has reached an agreement with Eni, Shell, and BP to expedite their work on the Zohr, 9B, and North Alexandria fields and link them to the national grid ahead of schedule, an unnamed source tells Al Masdar. No further details were provided on when the companies expect to complete their work on the fields. The move comes as the ministry looks to plug Egypt’s natural gas supply gap as soon as possible as the country works towards becoming a net gas exporter. The three fields are expected to produce a combined 800 mcf/d during the current fiscal year.

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