Egypt Energy Articles & Analysis

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Even amid a backdrop of low global commodity prices, new oil and gas discoveries are continuing to drive investment in Egypt’s hydrocarbons sector.

In spite of the global slowdown in capital spending by energy companies, Egypt’s upstream gas industry is attracting multi-billion-dollar investments as it looks to meet rising domestic demand. 

 

The announcement in 2014 that BP, one of the largest foreign investors in Egypt, plans to spend more than $12bn on its Egyptian operations over the next five years marks a significant reversal of fortunes for Egypt’s gas sector as well as for the country’s revenues.

 

What is your forecast for natural gas demand?

 

What is the potential for future large-scale discoveries offshore in the Mediterranean?

 

How important are Egypt’s fuel subsidy reforms?