Eni's Zohr Gas Field Outstrips Production Forecasts
22 August 2019 - 12:07AM
Dow Jones News
By Nathan Allen
Eni SpA (ENI.MI) said Wednesday that production at its Zohr gas
field in Egypt has reached 2.7 billion cubic feet per day, around
five months ahead of schedule.
A second 30-inch pipeline connecting the offshore production
facilities to the onshore treatment plant opened on Aug. 18, Eni
said.
Based on the solid performance so far, Eni said it expects
production to reach 3.2 billion cubic feet a day by the end of the
year, compared with a previous forecast for production to peak at
2.7 billion cubic feet a day.
Write to Nathan Allen at nathan.allen@dowjones.com
(END) Dow Jones Newswires
August 21, 2019 09:52 ET (13:52 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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