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Former Petroleum Minister: Eni's Zohr investments hit 14 billion
The article discussed Eni Italian company's investments in Egypt, which are estimated at around $14 billion in the Zohr field alone. The company plans to invest an additional $8.5 billion in the coming period to increase drilling and development operations. It also highlighted the importance of connecting the Cypriot Cronus field to Egypt's infrastructure in the Mediterranean to enhance regional cooperation in the gas sector and Egypt's role as a regional energy hub. The Egyptian government’s support for Eni's investments and facilitation of its activities were emphasized, with promising news expected in the near future.
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