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.
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 |
23 May, 2025
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Egypt is turning to Arab producers for its LNG needs out to the end of the decade, likely hoping for favorable payment terms. This comes as gas output slipped to a near nine-year low of 4.30bn cfd for Q1.
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