Zohr Gas Output Increases 3.6 times in H1 up to 11.3 bcm

AI Summary

The consortium of Eni, Rosneft, BP, and Mubadala Petroleum together with Egyptian oil and gas companies continues the successful implementation of the Zohr gas project on the Mediterranean offshore. In H1 2019, the production on the field amounted to 11.3 bcm of gas, which is 3.6 times more than in the same period last year.

After the field’s start-up in December 2017, its development is going ahead of schedule – the onshore gas treatment capacity of the Zohr project has been continually increased. Current production level is 68 million cmd (2.4 billion cfd). At the moment, 11 production wells, three offshore pipelines, an offshore management platform, and all eight production trains of the gas treatment plant have been commissioned.

By the end of 2019 the gas output is estimated to reach 76 million cmd (2.7 billion cfd).

Middle East projects implementation is one of Rosneft’s strategic development areas. The Company’s contribution to development of the unique production asset Zohr jointly with global majors and its strategic partners strengthens the position of Rosneft as an advanced technology company, and also allows gaining significant experience and developing competence in the development of offshore fields

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