(Ecofin Agency) - Egyptian Oil Minister, Tarek El-Molla (photo), has announced that following the completion of the sixth well the Zohr gas field, Italian Eni has commenced the drilling of the seventh well, Zohr-7. The minister declared this during the regular committee meeting set up to assess the execution phases of the Zohr field project development.
El-Molla added that the Zohr-7 is the last well in the production plan which targets gas from Zohr with a capacity estimated at 1bcfpd by the end of 2017 and expected to increase to 2.7bcfpd before 2019 ending, Amwal-al-ghad news reports.
Eni is investing $3.5 to 4 billion to develop the Zohr natural gas production processing plant at a capacity of 2.7 Bcfpd of gas and intends to connect 900 Mmcfpd of gas to the national grid by the end of 2017 or Q1 of 2018.
