Egypt's Regional Gas Hub Ambitions Supported By Israel Imports, Hindered By Rising Demand And Falling Production
Oil & Gas / Egypt / Tue 02 Feb, 2021
Key View
- Egypt will import increasing volumes of natural gas from Israel over the medium-term, as Egypt relies more on imports to achieve its ambition of becoming a regional gas hub.
- Whilst the upstream investment picture is looking positive, Egypt’s gas production is forecast to peak at over 65bcm in 2022 and decline thereafter without