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

Corporate

14 Nov, 2025

Featured

Egypt’s Improving Commercial Environment Provides Optimism

Foreign firms in Egypt welcome improved payment terms, with key players stepping up investment. Increased drilling has halted output declines, for now at least.

Egypt Oil & Gas Output: Gas Sees First Quarter-On-Quarter Increase In 3 Years As Oil Decline Looks To Steady

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NEWS IN BRIEF

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 Exports LNG To Turkey

24 Oct, 2025

Egypt LNG: Cargo Exported As Damietta Receives First Cargo

17 Oct, 2025

UEG Completes Apex Egypt Purchase

17 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