Abdel Fattah Al-Sisi, president of Egypt, and Claudio Descalzi, Eni’s chief executive officer, met in Cairo to discuss Eni's activities in the country.
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| Image from Eni. |
During the meeting, Eni’s CEO presented to Al-Sisi the development plan for the Zohr field. The parties confirmed the joint commitment to accelerate the production startup of the field.
Furthermore, they discussed the possibility of setting up a gas hub in the eastern Mediterranean Sea aimed at making the Egyptian transport and export facilities also available for the nearby discoveries.
Eni has been present in Egypt since 1954 through its subsidiary IEOC, a company which has always been a frontrunner in exploring and exploiting gas resources in Egypt since the discovery of the Abu Maadi Field in 1967.
Eni is the main hydrocarbon producer in Egypt, with a daily equity production of 190,000 boe.
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