Cairo – Mubasher: The Egyptian petroleum minister decided to halt importing liquefied natural gas (LNG).
This decision came after the North African nation received the final LNG cargoes last week, petroleum minister Tarek El-Molla told Reuters.
On 13 September, the minister stated that output from Egypt’s giant offshore gas field Zohr rose by 350 million cubic feet per day to reach two billion cubic feet daily.
It is worth noting that production has been growing steadily since Zohr began operation last December.
In January, El-Molla remarked that the country would save around $250 million per month by halting LNG imports.
He added that the Arab world's most populous country would stop importing LNG by the end of the 2017/2018 as production from recently discovered gas fields accelerated.
