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    Bloomberg: Egypt Plans to Use Natural Gas Find for Itself for Next 10 Years

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Summary

An Egyptian government spokesman has said that the country will use Eni's major gas find to supply Egypt for a decade or more

by: Erica Mills

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Press Notes, Africa

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Bloomberg: Egypt Plans to Use Natural Gas Find for Itself for Next 10 Years

Egypt plans to use all of the natural gas discovered by Eni SpA to meet domestic demand for more than 10 years, according to Hamdy Abdel Aziz, a spokesman for the country’s Petroleum Ministry.

“All the production will go to internal consumption,” Abdel Aziz said by phone from Cairo on Tuesday.

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