Energy

Egypt Energy 2017

Egypt is one of Africa’s main oil and gas producers, but it is also the continent’s largest consumer of energy. Both oil and gas are found throughout the country in multiple onshore and offshore regions, including the Mediterranean Sea, which is emerging as a major new gas basin. Nevertheless, sourcing enough supply to meet demand is the sector’s central challenge, even as these discoveries are expected to contribute significantly to meeting demand within the next few years. With discoveries in 2016 and the expectation of future upstream findings, Egypt is well on its way to addressing the supply side of its energy provision problem. Managing demand increases through subsidy cuts is a longer-term proposition, and Egypt is working to become a net energy exporter again.

This chapter contains an interview Tarek El Molla, Minister of Petroleum and Mineral Resources.

Cover of The Report: Egypt 2017

The Report

This chapter is from the Egypt 2017 report. Explore other chapters from this report.

Interviews & Viewpoints

Sketch of Tarek El Molla, Minister of Petroleum and Mineral Resources
Tarek El Molla, Minister of Petroleum and Mineral Resources: Interview