North Africa
Egypt
Egypt's economy finally looks set for a period of sustained growth on the back of a gas output renaissance, with renewed LNG exports adding another supplier to the Mediterranean basin.
State of Play
With soaring output from the giant offshore Zohr field, Egypt has again become a net exporter of gas. But it remains to be seen if the country can fulfill its ambitions of becoming a regional gas hub.
2019 In Numbers
Crude Output
0.63
mn b/d
Crude Export
0.09
mn b/d
Gas Output
67.5
bcm
Gas Exports
5.89
bcm
LNG Exports
5.2
mn tons
O&G Export Rev.
-
$bn
| Crude Output | 0.63 | mn b/d |
| Crude Export | 0.09 | mn b/d |
| Gas Output | 67.5 | bcm |
| Gas Exports | 5.89 | bcm |
| LNG Exports | 5.2 | mn tons |
| O&G Export Rev. | - | $bn |
Oil & Gas
4 Sep, 2020
Featured
Egypt: Key Shell Offshore Gas Project Faces Uncertainty
Phase 10 of the Shell-operated West Delta Deep Marine offshore gas project is in doubt despite Egypt’s oil ministry giving the green light last month.
Key Shell Offshore Egypt Acreage
NEWS IN BRIEF
BP Readies Egypt Gas Boost
11 Sep, 2020
Eni Drilling Offshore Egypt
4 Sep, 2020
Egypt SMES: $1bn Boost
28 Aug, 2020
Egypt Eyes 500MW Red Sea Wind Farm
7 Aug, 2020
Egypt, Greece Sign EEZ Agreement
7 Aug, 2020
Shell Advances Egypt Sale
17 Jul, 2020
Egypt: Idku Restart Imminent
10 Jul, 2020
Egypt: Assiut Hydrocracker EPC Award
10 Jul, 2020
SELECTED DATA
Egypt Reserves* Rebound $2bn From May's 4-Year Low On Receipt Of IMF Cash^, End 1h 2020 At $38.2bn ($Bn, End-Month)
Egypt’s Oil Products Demand Slumped To A 13-Year Low Of 595,000 B/D In April
1: Egypt Power Generation (TWH) Slumped To A 5-Year Low For March, Down Almost 40% On Last July’s Record 20.5TWH
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