President Abdel Fattah Al-Sisi will witness on Wednesday the opening of the Zohr field, the largest newly discovered gas field in Egypt which is located in the Mediterranean sea. Therefore by the end of 2019, Minister of Petroleum Tarek El-Molla expects the field will boost Egypt’s gas production to 2.7 billion cubic meters daily by the end of 2019. However, by its second phase, the Zohr field project is expected to make Egypt a natural gas exporter rather than an importer. Not only is the Zohr field considered the largest in Egypt, it is also the biggest natural gas well in the Middle East to be discovered within the last 50 years. For example, Bloomberg said the gas field will help decrease pressure on Egyptian economy and the reserves.

Source: Egypt Independent January 31, 2018 11:26 UTC