{"id":325208,"date":"2022-04-13T17:23:00","date_gmt":"2022-04-13T17:23:00","guid":{"rendered":"https:\/\/egy-africa.com\/en\/?p=325208"},"modified":"2022-04-15T17:25:24","modified_gmt":"2022-04-15T17:25:24","slug":"eni-signs-deal-for-egypts-gas-export-to-europe","status":"publish","type":"post","link":"https:\/\/egy-africa.com\/en\/2022\/04\/13\/eni-signs-deal-for-egypts-gas-export-to-europe\/","title":{"rendered":"Eni signs deal for Egypt\u2019s gas export to Europe"},"content":{"rendered":"<p>Italy\u2019s oil and gas giant Eni announced on Wednesday it signed an agreement to promote Egypt\u2019s gas export to Europe, and specifically to Italy, in the context of the transition to a low carbon economy.<\/p>\n<figure id=\"attachment_122145\" class=\"wp-caption alignleft\" aria-describedby=\"caption-attachment-122145\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-122145 size-medium lazyloaded\" src=\"https:\/\/i0.wp.com\/en.amwalalghad.com\/wp-content\/uploads\/2022\/04\/ENI-Egypt-EGAS-deal-1-300x172.webp?resize=300%2C172&#038;ssl=1\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" srcset=\"https:\/\/en.amwalalghad.com\/wp-content\/uploads\/2022\/04\/ENI-Egypt-EGAS-deal-1-300x172.webp 300w, https:\/\/en.amwalalghad.com\/wp-content\/uploads\/2022\/04\/ENI-Egypt-EGAS-deal-1.webp 750w\" alt=\"\" width=\"300\" height=\"172\" data-ll-status=\"loaded\" \/><figcaption id=\"caption-attachment-122145\" class=\"wp-caption-text\">Magdy Galal, chairman of EGAS, signed the framework agreement with Guido Brusco, COO Natural Resources of Eni, in Cairo on Wednesday, April 13, 2022 (Photo Credit: Egyptian Cabinet)<\/figcaption><\/figure>\n<p>Magdy Galal, chairman of the Egyptian Natural Gas Holding Company (EGAS), signed in Cairo on Wednesday with Guido Brusco, COO Natural Resources of Eni, a framework agreement that will allow to maximise gas production and LNG exports.<\/p>\n<p>\u201cThis agreement, together with the one signed for the restart of Damietta liquefaction plant last year, will provide LNG cargoes for overall volumes of up to 3 BCM in 2022 for Eni LNG portfolio bound to Europe and Italy.\u201d Eni said in <a href=\"https:\/\/en.amwalalghad.com\/wp-content\/uploads\/2022\/04\/PR-Eni-Egypt-Supplies.pdf\">a statement<\/a>.<\/p>\n<p>\u201cThe parties agreed to valorise Egyptian gas reserves by increasing jointly operated gas activities and identifying opportunities to maximise short-term gas production.\u201d<\/p>\n<p>Eni added that it would also optimise the exploration campaigns in existing blocks and in the newly acquired acreage in the Nile Delta, Eastern Mediterranean and Western Desert regions.<\/p>\n<div class=\"hikb hikb-post-bottom hikb-float-center hikb-align-center hikb-column-1 hikb-clearfix no-bg-box-model\">\n<div id=\"hikb-83162-1456932910\" class=\"hikb-container hikb-type-code \" data-adid=\"83162\" data-type=\"code\">\n<div id=\"hikb-83162-1456932910-place\"><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Italy\u2019s oil and gas giant Eni announced it signed an agreement to promote Egypt\u2019s gas export to Europe, and specifically to Italy, in the context of the transition to a low carbon economy.<\/p>\n","protected":false},"author":4,"featured_media":319706,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[27,33],"tags":[],"class_list":["post-325208","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-export","category-main"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.3 - 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