Sources at EGAS told Egypt Oil & Gas (EOG) that according to the seismic data of Eni’s massive Zouhr discovery,  the potential reservoir is estimated at 60 TCF, rather than 30 TCF.  Accurate estimates of the full reservoir value after the completion of three more appraisal wells.

According to the Minister’s interview with Reuters the price is yet to be agreed upon “We have not yet agreed with Eni over the price of the gas, but the important thing is it’s a number appropriate for both parties. It’s not a condition that it be the same number agreed upon in other deals,” said Ismail