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

28 Nov, 2025

Featured

Egypt Finalizes $4bn US LNG Contract

Egypt has signed a $4bn contract for US LNG imports. The deal wins US political support and reduces Cairo’s reliance on Israeli gas, but at a price.

US Sourced LNG Makes Up 91% Of Egypt's Overall Imports So Far In 2025 (%)

Choose Sections

NEWS IN BRIEF

Egypt 4.8GW Nuclear Plant Nearing Start-Up

21 Nov, 2025

Egypt: IMF Plans December Reviews

21 Nov, 2025

Qatar To Invest $30bn On Egypt Med Resort

14 Nov, 2025

Egypt To Launch Red Sea Offering

31 Oct, 2025

Eni Completes Final Zohr Sidetrack

31 Oct, 2025

Egypt Exports LNG To Turkey

24 Oct, 2025

Egypt LNG: Cargo Exported As Damietta Receives First Cargo

17 Oct, 2025

UEG Completes Apex Egypt Purchase

17 Oct, 2025

Egypt's Record Current Account Deficit For 1h 2024 Came Amid A Record Oil & Gas Trade Deficit ($bn)

Egypt's Services Account Remains In Surplus Despite A Collapse In Suez Canal Revenue To A Multi-Decade Low ($bn)

Egypt Net Oil Products Imports Hit A Six-Year High 264,000 b/d For Q2 Though Diesel Dipped From Q1’s Near-Record Levels (‘000 b/d)

Get Our Headlines Weekly

Keep abreast with current events with our weekly headlines.
You’ll also be notified of our free articles & maps.

By signing up, you agree to receive promotional emails. You can unsubscribe at any time. For more information, read our privacy statement.

North Africa