The Outlook for Egyptian Gas

This paper will assess the supply and demand of gas in Egypt, and will analyse the potential for gas exports to resume. Rising gas demand, encouraged by low domestic prices, combined with a downturn in supply, caused by the volatile political situation, has led to Egypt becoming a gas importer rather than an important LNG exporter. The discovery of the Zohr filed has the potential to change this dynamic, although the gas is initially targeted at the domestic market, and the paper will assess whether Egypt’s unused LNG facilities could ultimately be supplied with new offshore discoveries in Egyptian waters, or whether other sources of gas, for example from Israel, could encourage the existing export facilities to be re-started.

By: Mostefa Ouki

Categories:

Gas , Gas Programme

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