Mostefa Ouki

Senior Research Fellow

Dr Mostefa Ouki is an independent energy consultant and has thirty years of experience in developing, executing, and managing gas and energy-related techno-economic projects throughout the world.  He led numerous consulting and advisory assignments commissioned by governments; national and international energy companies; and, international financial institutions.  He also executed and led a number of assignments on the planning and implementation of oil, gas and petrochemical infrastructure projects in key hydrocarbon producing countries in the Middle East and North Africa region.

Dr Ouki worked closely with government and private sector decision makers in a number of countries on the formulation, funding and implementation of energy and infrastructure projects and policies. He advised project lenders and financial advisors on the development of energy and infrastructure projects, including gas-to-power projects; gas-based petrochemical projects; and, cross-border gas pipeline and LNG projects. He is also involved in work sponsored by international organizations on energy for sustainable development.

Dr Ouki started his career with the gas exports division of Algeria’s national oil and gas company, Sonatrach, in Algiers, and worked in Washington, D.C. as a consultant on gas development projects for the World Bank.  He was Vice President in Nexant’s Energy & Chemicals Advisory division based in London. Prior to Nexant, he was with Bechtel and Penspen.

Dr Ouki holds a diplôme d’ingénieur d’état in petroleum engineering economics from Algeria’s Institut National des Hydrocarbures and MSc in Energy Resources, MA and PhD in Economics from the University of Pittsburgh, Pennsylvania, USA.  He is a member of the American Economic Association; Association of International Petroleum Negotiators; the International Association of Energy Economics and the Society of Petroleum Engineers.

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                    [post_content] => In 2015, Egypt became a net gas importer. This unfortunate, but not unexpected, situation was the result of a decline in Egypt’s indigenous natural gas production combined with a rapidly rising domestic gas demand driven mainly by large energy price subsidies. Major changes are presently taking place on the gas supply side which are significantly impacting the country’s natural gas balance. The Egyptian government is also carrying out energy price reform measures to reduce gas demand growth and the financial burden of price subsidies. But, without the continued implementation of consistent and integrated energy demand-side management and reform measures, Egypt could again be exposed to an unpleasant gas supply surplus/deficit cycle.  The quick answer to the question posed in this paper’s title ‘Egypt – a return to a balanced gas market?’ could be: yes, but not for long. However, this short statement would not do justice to the considerable efforts deployed by all the relevant stakeholders in relaunching Egypt’s hydrocarbon sector. It would also ignore the fact that the answer is only based on current publicly available data and information on both the supply and demand sides.
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Latest Publications by Mostefa Ouki