Sunday, August 30, 2015

Massive Natural Gas Field Discovered Off The Coast Of Egypt

Eni said the well could be one of the largest in the world

BBC: Italy's Eni discovers huge gas field off Egyptian coast

Italian energy group Eni says it has found one of the world's largest natural gas fields off Egypt's coast.

The company said the area was 1,450m (4,757 feet) beneath the surface and covered 100 sq km (39 sq miles).

It could hold as much as 30 trillion cubic feet of gas, or 5.5 billion barrels of oil equivalent, Eni said.

The company says that the Zohr field "could become one of the world's largest natural-gas finds" and help meet Egypt's gas needs for decades.

WNU Editor: This discovery is huge ... and I suspect that it is also a huge surprise for everyone involved.

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