Supply & Demand

Egypt’s LNG trade turning full circle

Key upstream projects coming online ahead of schedule mean Egypt will be self-sufficient in gas production sooner than anticipated, which will also favour its LNG exports Key upstream projects coming online ahead of schedule mean Egypt will be self-sufficient in gas production sooner than anticipated, which will also favour its LNG exports.
By Abhishek Kumar 22 September 2017 0 27662
Egypt is set to expand the production capacity of the Disouq project by 2019. (DEA)

The growing confidence among IOCs in Egypt’s upstream sector will propel the country into becoming self-sufficient in gas production by the end of the decade. Egypt’s marketed gas output is set to rise year on year in 2017 for the first time since 2014. Projects such as Noroos and the West Nile Delta (WND) are already contributing towards Egyptian gas production. Meanwhile, the country has high hopes for the Eni-operated Zohr project, which is progressing ahead of schedule and is expected to come online in...