Cairo – The President of the Republic of Egypt, Abdel Fattah al-Sisi, and Eni CEO, Claudio Descalzi, met yesterday in Cairo to discuss Eni’s activities in the country. During the meeting, Eni presented to President Al-Sisi the development plan for the field of Zohr. The joint commitment to accelerate the start of production was confirmed, and the two also discussed the possibility of setting up a gas hub in the eastern Mediterranean Sea to share the Egyptian transport and export infrastructure with nearby discoveries in the area. Eni has been present in Egypt since 1954, where it operates through IEOC, and has historically been a precursor in the exploration and exploitation of gas resources in the country since the discovery of Camp Abu Maadi in 1967. Eni is the largest producer of hydrocarbons in the country with a production of about 190,000 barrels of oil equivalent per day. (9Colonne)
