Page 46 - Industrial Plants

H.E. Tarek El-Molla, Egyptian Oil Minister (center), with Mr. Innocenzo Titone, Chariman of OMC2017
(left), visiting the ANIMP booth and Mr. Daslav Brkic , VP ANIMP and Executive Editor of ‘Industrial
Plants’

The reserves of Zohr, the giant Egyptian gas field also for crude oil and oil products.
discovered by Eni in 2015, and Nooros- noted Descalzi Also for Marc Benayoun (CEO Edison), gas has a
- open new possibilities for central role for the
the Mediterranean area to European gas market,
become a gas hub Gas export will start again in 2019 from which should become
satisfying at the same time Egypt in the form of LNG” more and more efficient
Egypt’s entire domestic (Tarek El-Molla, Egypt Minister for Oil) and competitive. As for the
production. prospects of the energy
According to the Egyptian transition, Benayoun
Oil minister, Tarek El-Molla, exports will start again in believes that the trend will not be reverted, since public
the form of LNG in 2019, pointing out that Zohr field opinion is increasingly aware of the importance of
discovery is a game changer after the difficulties that sustainability.
the country faced in the past years, ushering a new The issue of natural gas has been debated in the Panel
era. Egypt, underlined the minister, aims at establishing Discussion on “Mediterranean Basin: a new Gas Hub
itself as the energy hub of the area, not only for gas but for Europe”, where Luca Bertelli (Chief Officer
Exploration, Eni) declared that exploration of the East
Mediterranean has not finished: the discoveries made
since 2009, Tamar, Leviathan, Aphrodite and Zohr
fields, have risen the rank of East Mediterranean to a
new emerging gas province of worldwide relevance.

Zohr was a game changer for Egypt: the
Country wants to become the energy
hub of the area” (Tarek El-Molla, Egypt
Minister for Oil)

Using existing infrastructures such as LNG plants in the
region can be a first step to start gas export together
with the use of Arab gas pipeline. The construction of
new long pipeline connections will require the political
support of various states as well as material sources to
The Mayor of Ravenna, Mr. de Pascale, inaugurating OMC2017, with H.E. justify the massive investment needed.
Tarek El-Molla, Egyptian Oil Minister (left), and Messrs. Innocenzo Titone, The cooperation among the countries involved will be
Chairman (OMC2017) and Mr. Marc Benayoun, CEO Edison (both right) the key for the development of the East Mediterranean

IndustrIal Plants - May 2017
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