North Africa

Egypt

Cairo hopes increased LNG exports amid rising gas output will help propel Egypt to realise its ambitions of becoming a regional energy hub.

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.

2021 In Numbers

Crude Output	574	000 b/d
Crude Imports	162	000 b/d
Crude Exports	110	000 b/d
Gas Output	70.44	bcm
Gas Exports	10.66	bcm
LNG Exports	6.66	mn tons

Corporate

26 May, 2023

Featured

Offshore Med & Nile Delta Blues Continue For Egypt Gas Output

With rapid decline at producing fields and few new start-ups, Egypt’s gas output is on a downward trend. 2023 will likely see a further output slump.

Despite Q1’s Multi-Year Lows The Med & Nile Delta Still Produce 84% Of Egypt’s Gas (bn cfd)

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NEWS IN BRIEF

Egypt-Turkey Normalize Relations

2 Jun, 2023

Egypt Extends Bidding

26 May, 2023

Scatec Signs Up For Egypt Green Methanol…

19 May, 2023

Egypt: Ratings Downgrades

12 May, 2023

Egypt LNG Exports Slump On Output Outages

5 May, 2023

Egypt Hikes Diesel Prices

5 May, 2023

Cyprus President: Gas Focus For Egypt Visit

7 Apr, 2023

World Bank: $7bn Egypt Facility

24 Mar, 2023

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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