Eni and Gas in Egypt: 8.5 Billion Dollars and 230 New Wells

By withut-me 25.08.2026 at 14:27 Uhr Foreign Policy Companies & Markets
TL;DR AI-generated Eni is investing 8.5 billion US dollars in Egypt for 30 exploration and 200 production wells to increase gas output. A new project, Cronos, will connect Cyprus, Egypt, and the European market using Egyptian infrastructure.

Source: euronews.com

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