Live Update 
From the Liveblog of
Sunday, August 30, 2015
From the Liveblog of
Sunday, August 30, 2015
Italian group makes massive natural gas find near Egypt
Add ToI as a Preferred Source on GoogleEni, an Italian energy group says it has found one of the largest natural gas fields in the world off the coast of Egypt, according to Reuters.
“According to the well and geophysical data available, the field could hold a potential of 30 trillion cubic feet of lean gas in place,” Eni says in a statement.
Israel’s Leviathan gas field, which is estimated at 16 trillion cubic feet, has so far been thought to be the largest in the Mediterranean.
“Zohr is the largest gas discovery ever made in Egypt and in the Mediterranean Sea and could become one of the world’s largest natural-gas finds,” Eni’s statement reads.
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