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
Power & Water

6 Mar, 2026

Featured

Egypt Proves Resilient As Israel Halts Gas Exports

Egypt is much better prepared for the fallout from the US-Israeli strikes on Iran this time around than last June. The LNG price spike after Qatar halted production will provide an economic test.

Egypt LNG Imports By Installation (mn tons): February Net Imports Rebound To 920,000 Tons With All Eyes On March Volumes After Israel/Iran Conflict Forces Qatar To Shut-In Output
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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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