Egypt and Eni Discuss Accelerating New Gas Discoveries and Production

Egyptian Petroleum Minister Karim Badawi met Eni executives to discuss accelerating the development of new discoveries, raising production and expanding the company's exploration activities in Egypt.

The Eni delegation included Diego Portoghesi, Andrea Barbieri and Mahmoud Abou El-Yazid.

Badawi called for accelerating development of the newly discovered Denis Mediterranean gas field so it can enter production as soon as possible. He called for greater coordination among all relevant parties and adherence to clear timelines to speed up production and maximize use of the field's resources.

The meeting reviewed the Meliha processing facility in Egypt's Western Desert, where construction is nearing completion ahead of its planned start-up. Badawi said the Meliha project is a priority because it could add new gas volumes to production from discoveries in the area.

The two sides discussed development of the Cronos field in Cyprus and plans to connect the field to Egypt's infrastructure following the partners' final investment decision. Badawi reaffirmed the ministry's support for completing the required procedures and accelerating work to bring the Cronos field's gas to market.

Eni officials reaffirmed the company's commitment to expanding cooperation with Egypt's petroleum ministry, accelerating ongoing projects and increasing exploration, development and production activities. Eni said it intends to examine new opportunities in Egypt's oil and gas sector.