//Zohr Project

Zohr Project

In the past few years, Egypt has faced an energy crisis due to an increase in consumption as a result of an increasing population. Furthermore, a decrease in energy production led Egypt to decrease its gas exports since 2013, as well as import LNG (liquefied natural gas) to cover national demand. However, the discovery of the Zohr gas field will not only change the power balance in Egypt, but in the entire region.
The Italian energy company Eni discovered the Zohr gas field in August 2015 in the Shorouk block of the Mediterranean sea at about 180 km from Port Said. It is the largest field in the Mediterranean, laying in an area of 100 km2 at a depth of 1450 m, and with 850 billion m3 total gas reserves, which is equivalent to 5.5 billion barrels of oil.. It took 2.3 years from discovery of the field to start up, which is considered record time. The project will involve the construction and installation of an offshore control and production platform.
7 wells have already been dug by the end of 2017, which will increase to 20 wells in 2019, and it’s expected that 254 wells are going to be dug during the field’s lifetime. The field’s production at start up in December 2017 is 0.35 billion cubic feet of gas daily, which will increase in June 2018 to 1 billion cubic feet of gas daily, and finally reaching 2.7 billion cubic feet of gas daily in 2019. Other countries have shown their interest in the field, as the Russian company Rosneft bought 30% shares in Zohr, while British Petroleum bought 10% shares.
Egypt will be self sufficient on natural gas in 2018, after importing the final shipments of LNG due to contractual obligations, thus saving $250 million monthly from imports. This means that Egypt could potentially become a gas exporter, but the Minister of Petroleum and Mineral Resources favors using the surplus for petrochemical applications.