North Africa

Egypt

Cairo hopes increased LNG exports amid rising gas output will help propel Egypt to realise its ambitions of becoming a regional energy hub.

State of Play

Gas continues to play a leading role in Egypt's upstream with the giant Zohr field reaching 3.2bn cfd capacity. Declining legacy fields mean its ability to export significant volumes of LNG may be hampered going forward.

2020 In Numbers
Crude Output 601 000 b/d
Crude Imports 221 000 b/d
Crude Exports 104 000 b/d
Gas Output 60.74 bcm
Gas Exports 2.63 bcm
LNG Exports 1.56 mn tons
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SELECTED DATA

1: Egypt Gas Output (bn cfd): May Falls For Second Consecutive Month As Zohr Outages See Med Output Fall To 4-Month Low 4.90bn cfd

2: Egypt Condensate Output ('000 b/d): Med Offshore Condensate Continues Rising For May To New High 54,600 b/d

Egypt's Foreign Reserves Rise $520mn In 1H 2021 Vs 2020's 3-Year Low ($bn, End-Period)

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