Cairo, Egypt— Egypt has posted a record in pumping out 2.7 billion cubic meters of gas per day from Zohr gas field during the 2021-2022 financial year.
According to the ministry of petroleum and mineral resources, the record was achieved after the production began in 2017.
The ministry, in a statement, said that the volume of investments in the gas field hit $741 million during the relevant year. Investments have exceeded $12 billion since the beginning of work in the field, it added.
Tarek El Molla, Egyptian Minister of Petroleum and Mineral Resources, said that there are good opportunities in search and explorations in land and sea sites in order to up petroleum and oil reserves and production.
