North Africa

Egypt

The economy is finally on the up following painful IMF-inspired reforms which saw a halving in value of the currency in late 2016. Upstream investment has soared for offshore gas in particular. With 2018’s output ramp-up at the super-giant Zohr gas field, Egypt is once again dreaming of becoming a gas exporter.

Map
2017 Remittance Inflows: Egypt On Top, With Bulk Sent From Mena ($Bn)
Zohr Production Profile: Eni Flagship To Help Cairo Put A Halt To LNG Imports
Egypt’s Gas Output Returns Above 5bn Cfd, But Still Below 2011 Peak (Bn Cfd)