North Africa
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
29 May, 2026
Featured
Chevron & Eni Prepare For Crucial Egypt Appraisal Wells
Egypt hopes that two appraisal wells being drilled by Eni and Chevron will unlock new gas production next year as it seeks to reverse output declines.
Egypt Mediterranean Drilling Activity & Key Blocks
NEWS IN BRIEF
Egypt: Mina West ‘Promising Production Results’
5 Jun, 2026
Eni Makes Egypt Western Desert Gas Find
29 May, 2026
Egypt Accelerates Arrears
29 May, 2026
Exxon, QatarEnergy Sign Egypt Mou For Cyprus Gas
22 May, 2026
World Bank Approves $1bn Egypt Reform Package
15 May, 2026
TotalEnergies Signs Egypt West Med MoU
15 May, 2026
Dana Gas Egypt Receivables Settled
1 May, 2026
TotalEnergies Eyes Egypt West Med, Again
1 May, 2026
SELECTED DATA
Egypt Hoping To Reverse Trend Of Falling Oil* & Gas Output But Huge Investments Will Be Needed
Egypt Gas Output Slumps 14% Year-On-Year To 9-Year Low 4.2bn cfd For 2025 Despite Extensive Development Drilling (bn cfd)
Egypt LNG Imports* By Origin: Record 8.92mn Tons Imported In 2025 Driven By US & Other West Of Suez Suppliers (mn tons)
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