Announcement of the preliminary specifications of the gas field "Noor" discovered in Egypt
The Egyptian Ministry of Petroleum and Mineral Resources announced the discovery of a new field in the Mediterranean near the field of "noon", called "Noor" in the region of Sunrise, belonging to the franchise of "Eni" Italian.
Italy's Eni said it would pump nearly $ 3 billion in the coming period to invest in its Egyptian fields, especially the promising new Noor field.
The new field in the Mediterranean Sea is no less important than the field of "noon", and the discovery that Egypt can export gas to European countries within a short period of time, in addition to it will make Egypt the world's leading production and reserves Natural gas.
The sources told the newspaper "Al-Dustour" Egyptian, that is currently drilling the new field will be announced the size of reserves after the completion of its assessment.
Eni is second in terms of production and volume of investments in Egypt after the US Apache. Eni's production accounts for about 35% of Egypt's natural gas production and has been operating since 1955.
The daily production of its fields in Egypt, about 220 thousand barrels of oil and condensates per day, the volume of investments in the company in the field of oil and gas in Egypt about $ 18 billion, of which $ 14 billion in the field only noon.
It is expected that after the completion of the drilling of the new field, and put it within two years on the map of production, Egypt's gas production to more than 10 billion cubic feet of gas per day, Egypt consumes about 6.2 billion feet, and the remaining is converted to manufacturing and petrochemicals, .
Source: Constitution
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