Egypt Energy

Chapter | Energy & Utilities from The Report: Egypt 2020

Egypt’s energy sector has traditionally been defined by the country’s status as the largest oil producer outside of the Organisation of the Petroleum Exporting Countries and the third-largest producer of dry natural gas in Africa. Its control over the Suez Canal, meanwhile, places it at the centre of the global energy network, safeguarding shipments between the Gulf, Europe and North America....

With one of the biggest consumer markets in the region and robust fundamentals, Egypt is well placed to attract international investment and emerge from this difficult period in a strong position. Although the Covid-19 pandemic has caused considerable disruption, the government’s ongoing reform efforts have helped to mitigate the worst effects of the crisis.

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A combination of factors is driving demand for solar power in Egypt. According to the European Bank for Reconstruction and Development (EBRD), the cost of electricity produced by renewable projects has gradually decreased over recent years to become more competitive than traditional hydrocarbons-based sources. The government’s long-running...

 

Egypt’s energy sector has traditionally been defined by the country’s status as the largest oil producer outside of the Organisation of the Petroleum Exporting Countries (OPEC) and the third-largest producer of dry natural gas on the Africa continent. Its control over the Suez Canal, meanwhile, places it at the centre of the global energy...

 

Egypt’s rapidly expanding population and increasingly intensive agricultural activity have made the sustainability of its water resources an issue of national security. In the past year the government has launched a strategy aimed at solving its water challenge, and its implementation is generating some of the nation’s biggest private...

With one of the biggest consumer markets in the region and robust fundamentals, Egypt is well placed to attract international investment and emerge from this difficult period in a strong position. Although the Covid-19 pandemic has caused considerable disruption, the government’s ongoing reform efforts have helped to mitigate the worst effects of the crisis.

Egypt’s total of 1173 recorded Covid-19 cases and 78 deaths, as of April 5, places Africa's third-most populous country significantly below the global per capita averages for both counts as the pandemic continues to disrupt the global economy.

Egypt is moving ahead with plans to transform its renewable energy capacity, spearheaded by the development of a major solar power station.

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