North Africa


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

Gas plays a leading role in Egypt's upstream endeavours but steep decline at legacy fields could severely hamper the country's ambitions of increasing LNG exports going forward.

2022 In Numbers
Crude Output 568 000 b/d
Crude Imports 118 000 b/d
Crude Exports 71 000 b/d
Gas Output 67.44 bcm
Gas Exports 12.04 bcm
LNG Exports 7.14 mn tons
Oil & Gas

22 Sep, 2023


Egypt Gas Consumption Hits New High As Cairo Plots Output Gains

Gas consumption in Egypt rose to a record 6.8bn cfd for July as output continued to slump. Israeli imports weren’t enough to prevent power cuts.

Egypt Gas Consumption Rises To Record 6.84bn cfd As Gas Output Slumps Further To 5.734bn cfd Leaving Cairo With Seven-Year High 1.1bn cfd Gas Deficit (bn cfd)
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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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