Egypt

Cairo hopes that the upcoming offshore gas exploration campaign by key firms can once again reverse its fortunes and declining gas output as it hopes to boost LNG exports.

State of Play

From a net exporter of gas, Egypt has swung back to be a net importer as output continues to decline. A bare project pipeline of new developments means it will likely continue to import LNG and piped gas from Israel in the near-term.

2024 In Numbers

Gas Output	49.37	bcm
Gas Imports	14.61	bcm
Crude Output	537	000 b/d
Crude Imports	25	000 b/d
Crude Exports	38	000 b/d

Oil & Gas

6 Feb, 2026

Featured

Shell Plans To Double Egypt Output By 2030

Shell’s Egypt production has been in sharp decline over the past 20 years. Last year saw it reverse the trend, and now it plans to double production by 2030.

Shell Will Need More Than WDDM Phase 12a And Mina West To Reach 800mn cfd 2030 Target (Mn cfd)

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NEWS IN BRIEF

Israel-Egypt Gas Flows Dropped In Late 2025

9 Jan, 2026

IMF Agrees $2.7bn Egypt Payment

2 Jan, 2026

Infinity Breaks Ground On 200mw Egypt Wind Farm

5 Dec, 2025

Egypt 4.8GW Nuclear Plant Nearing Start-Up

21 Nov, 2025

Egypt: IMF Plans December Reviews

21 Nov, 2025

Qatar To Invest $30bn On Egypt Med Resort

14 Nov, 2025

Egypt To Launch Red Sea Offering

31 Oct, 2025

Eni Completes Final Zohr Sidetrack

31 Oct, 2025

Egypt's Record Current Account Deficit For 1h 2024 Came Amid A Record Oil & Gas Trade Deficit ($bn)

Egypt's Services Account Remains In Surplus Despite A Collapse In Suez Canal Revenue To A Multi-Decade Low ($bn)

Egypt Net Oil Products Imports Hit A Six-Year High 264,000 b/d For Q2 Though Diesel Dipped From Q1’s Near-Record Levels (‘000 b/d)

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North Africa