Egypt to become a regional energy hub
© Daily News Egypt
Minister of petroleum Tarek el Molla stated that Egypt will also become a regional oil hub very soon as a part of its vision for 2030.
Plans to stop importing LNG by end of 2018 are in place by improving the production of gas fields. The Daily production has increased by 1.5 billion Cubic feet and will be increased more. The production of Zohr, the biggest gas field in the Mediterranean that was discovered by ENI is expected to reach 1.75 bcf this August.
Egypt has been on its way not just trying to achieve self-sufficiency in gas, as well developing one project after the other in renewable energy all in accord with Egypt 2030 development vision.
Plans to stop importing LNG by end of 2018 are in place by improving the production of gas fields. The Daily production has increased by 1.5 billion Cubic feet and will be increased more. The production of Zohr, the biggest gas field in the Mediterranean that was discovered by ENI is expected to reach 1.75 bcf this August.
Egypt has been on its way not just trying to achieve self-sufficiency in gas, as well developing one project after the other in renewable energy all in accord with Egypt 2030 development vision.