Zohr Gas Field Capacity to Reach 2 bcf/d by September

Zohr Gas Field Capacity to Reach 2 bcf/d by September

The production capacity of Zohr gas field, which currently stands at 1.6 billion cubic feet per day (bcf/d), is slated to reach 2 bcf/d by September, according to operator Eni, Reuters reported.

Eni amassed a $58 million advance on future gas supplies to Egyptian state-owned partners in order to finance Zohr, Eni said in a statement.

Zohr holds estimated reserves of 30 trillion cubic feet of gas, and is located in the Shorouk concession roughly 190km north of Port Said.

Egypt plans to halt gas imports by 2019 and has been looking to increase production from recently discovered fields.

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