New oil, gas field discovered in Egypt's Western Desert

STORY: New oil, gas field discovered in Egypt's Western Desert DATELINE: April 15, 2022 LENGTH: 00:01:21 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of the giant Zohr gas field and staff working 2. various of the cabinet's logo 3. various of a signing ceremony between Egypt and Eni on Wednesday STORYLINE: Italian company Eni on Thursday announced a new oil and gas discovery at its Merleha concession in Egypt's Western Desert. In a statement, ENI said the new discovery has already been tied into production, in line with the infrastructure-led exploration strategy, allowing to maximize exploration opportunities of the existing infrastructures nearby. On Wednesday, the Egyptian Natural Gas Holding Company (EGAS) and Eni signed in Cairo a framework agreement that will maximize gas production and liquefied natural gas exports. The agreement aims to promote Egyptian gas export to Europe in the context of the transition to a low carbon economy. In 2015, the Italian energy giant discovered the giant