Italian ENI has signed an agreement to increase gas production in Egypt and build up the supply of liquefied natural gas (LNG) to Europe, reports Reuters with reference to the company’s statement.
It is noted that this step was made at a time when Europe has intensified efforts to find alternative gas import sources to reduce their dependence and abandon Russian gas. At the same time, not only Egypt can help this. Italian Prime Minister Mario Dragi previously concluded a deal to increase the import of fuel from Algeria to replace part of 29 billion cubic meters., Which country receives from Russia.
In 2015, ENI opened the supergigant gas field ZOHR in Egypt. The company claims that it agreed with the Egyptian Holding Company of Natural Gas (EGAS) on increasing gas production and enhancing intelligence in existing and new deposits. The agreement may lead to shipment to Europe this year to 3 billion cubic meters. LNG.