With Egypt’s gas output at multi-year lows (MEES, 1 November), Cairo is placing hope in the rapid development of Chevron (45%op) and Eni’s (45%) end-2022 Nargis discovery (MEES, 20 January 2023).
Eni previously held out the prospect of development of the 2.8tcf (gas in place) north-of-Sinai field being fast-tracked by “leveraging the proximity to Eni’s existing facilities.” (CONTINUED - 192 WORDS)