File - Petroleum Minister Tarek el-Molla
CAIRO – 4 February 2018: Minister of Petroleum Tarek al- Molla said that Egypt accomplished four important projects for gas production in 2017, according to his speech in the Egypt Petroleum Show 2018 (EGYPS 2018).
Molla clarified that these projects added 1.6 billion cubic feet of gas per day.
He added that these projects included north of Alexandria’s fields Torres and Libra, Atoll, Norse and Zohr, which began production lately.
The Zohr gas field is an offshore natural gas field located in the Egyptian sector of the Mediterranean Sea, with Zohr’s total gas being around 850 billion cubic meters (30 trillion cubic feet).
The minister of petroleum pointed out that Egypt is witnessing positive steps in the energy field, including the law regulating the new gas market and the national project of Egypt to become a regional center for the trade and circulation of gas and oil, which is moving at a steady pace.
Egypt Petroleum Show (EGYPS) brings together the Egyptian and North African government representatives, key project owners, NOCs, IOCs, international service providers, EPC contractors, consultants and financiers to address the evolving opportunities in the Egyptian and North African energy arena.
EGYPS 2018 provides the opportunity to gain insights into the upcoming oil and gas opportunities in Egypt and North Africa, from new regulations, investment opportunities, project requirements to short and long term strategic plans and priorities that will help form strategic partnerships and enhance industry collaboration in the region.