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Eni to Resume Zohr Gas Field Operations by January 2025

Over the past six months, 105 new oil wells have been drilled, adding 64,000 barrels per day to production, Madbouly added.
20.01.25 | Source: Egypt Today

Prime Minister, Mostafa Madbouly, confirmed that Eni will resume operations in the Zohr gas field by the end of January 2025, during a press conference held after the Cabinet’s weekly meeting.


Over the past six months, 105 new oil wells have been drilled, adding 64,000 barrels per day to production, Madbouly added.


These discoveries are expected to save Egypt billions of dollars in energy imports.


Madbouly announced that oil companies operating in Egypt are expanding their exploration efforts, resulting in new discoveries of oil wells.


 Prime Minister Madbouly outlined the Egyptian government’s recent achievements and strategic objectives.


He emphasized the government’s commitment to enhancing the productivity of Egypt’s local car manufacturing industry and increasing exports to international markets.


This initiative is part of a broader plan to strengthen the country’s industrial base and reduce reliance on imports.


Madbouly noted that the inflation rate has decreased on an annual basis and remains stable month-to-month. This stability reflects the government’s ongoing efforts to manage economic challenges and stabilize the market.


To improve trade and logistics efficiency, the government aims to reduce customs clearance times to no more than two days in the near future.

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