Eni plans further testing at Egypt gas reservoir

(AGI) Rome, Oct 8 - Italian energy giant Eni is to carry outgeological testing and further explorations in Egypt, said CEOClaudio Descalzi. He was responding to journalists' questionsat the Eni Award ceremony at the Quirinal Palace regardingdevelopments at the huge gas reservoir discovered by Eni inEgypt. "We are very happy with what we have found as it is,because it is a historic discovery." There would not beanything new to report until May or June, he said. "We areworking on the project that we will present to the Egyptianauthorities, and we are

(AGI) Rome, Oct 8 - Italian energy giant Eni is to carry outgeological testing and further explorations in Egypt, said CEOClaudio Descalzi. He was responding to journalists' questionsat the Eni Award ceremony at the Quirinal Palace regardingdevelopments at the huge gas reservoir discovered by Eni inEgypt. "We are very happy with what we have found as it is,because it is a historic discovery." There would not beanything new to report until May or June, he said. "We areworking on the project that we will present to the Egyptianauthorities, and we are also negotiating various projectissues. We have not sunk any new wells", he concluded. (AGI) . .