PM: Egypt to Raise Gas Output After Years of Decline

published:14/08/2025 07:04 GMT

Egypt's gas production is expected to reach 6.6 billion cubic feet per day by 2027, Prime Minister Mostafa Madbouly said on Wednesday. Egypt's natural gas production began declining in 2022, forcing it to become a net gas importer whether through expensive liquefied natural gas cargoes or through Israeli supplies. The North African nation's production is currently 4.1 billion cubic feet per day, Madbouly said. The decline in output over recent years has been driven mainly by a hard currency...More