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CORRECTED-Foreign oil, gas investments in Egypt hit $10 bln in 2017-18 - minister

(Corrects paragraph 3. Eni made the comments on Zohr capacity in July, not on Friday)

CAIRO, Aug 24 (Reuters) - Foreign investment in Egypt’s oil and gas sector rose to $10 billion in the 2017-2018 financial year, Petroleum Minister Tarek El Molla said in an interview with state-run Al Ahram newspaper published on Friday.

That is up by nearly a quarter from 8.1 billion in the previous year. El Molla was quoted by the paper as saying he expected the same volume of investments in the current fiscal year. Egypt’s fiscal year runs from July to June.

Italian oil company Eni said last month that the production capacity of Egypt’s giant Mediterranean Zohr gas field stood at 1.6 billion cubic feet a day and would reach 2 billion by September.

Egypt plans to become a regional hub for the trade of liquefied natural gas after a string of major discoveries in the Mediterranean that are expected to make Egypt self-sufficient in gas by the end of 2018. (Reporting by Ali Abdelaty, writing by John Davison; Editing by Jan Harvey)

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