Name: Cairo Breakfast Briefing 2018 - the audience view: oil price, gas exports and domestic production
Brand: Wood Mackenzie
SKU: 87148
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Author: Wood Mackenzie

Insight 04 May 2018

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Wood Mackenzie held its second forum in Cairo on 16 April. There were attendees from oil and gas companies, service companies, financial institutions, EGAS, EGPC and the Ministry. During the forum, we asked the audience to complete a questionnaire to gauge opinion on key issues concerning the upstream sector and the outlook for Egypt. Questions included views on oil prices, future oil and gas production, Egyptian LNG exports, regional gas exports, arrears and exploration.</div>
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                    <h3 class="alpha push-half--bottom">Table of contents</h3>

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            Poll Results
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        Oil price expected to fall into the US$60-US$70 range
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    <li class="push-quarter--bottom">
        Indigenous gas production will grow to between 6.5 bcf and 8.5 bcf in 2020
    </li>
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        Indigenous liquids production is expected to hold steady
    </li>
    <li class="push-quarter--bottom">
        Uncertainty reigns over Damietta
    </li>
    <li class="push-quarter--bottom">
        East Mediterranean gas will come to Egypt
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        Most people believe Egypt will miss the 2019 deadline for paying off debt
    </li>
    <li class="push-quarter--bottom">
        There will be new reserves discovered in the West Med or Red Sea with production expected before 2024
    </li>
    <li class="push-quarter--bottom">
        Mo Salah expected to perform but won’t be top goal scorer
    </li>

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<p class="push-half--bottom">This report includes the following images and tables:</p>

<ul class="list list--bullets">
         <li class="list__item push-quarter--bottom">Question 1: What will the oil price be on 31 December 2018?</li><li class="list__item push-quarter--bottom">Question 2: What will indigenous Egyptian gas production average in 2020?</li><li class="list__item push-quarter--bottom">Question 3: What will Egyptian liquids production average in 2020?</li>
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            <li class="list__item push-quarter--bottom">Question 4: When will exports restart from Damietta?</li><li class="list__item push-quarter--bottom">Question 5: Where will most East Med exports go?</li><li class="list__item push-quarter--bottom">Question 6: When will Egypt pay off outstanding arrears to IOCs?</li><li class="list__item push-quarter--bottom">Question 7: When will first production come from Egypt’s West Mediterranean or Red Sea acreage?</li><li class="list__item push-quarter--bottom">Question 8: How many goals will Mo Salah score at the World Cup?</li>
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<h3 class="alpha push-half--bottom ">What's included</h3>
<p class="push-half--bottom ">This report contains:</p>
<ul class="list"><li class="list__item-icon push-half--bottom"><svg class="list__image-icon" width="13.9" height="17.2" viewBox="0 0 13.9 17.2"><title>Document</title><g fill="#232323"><path d="M13.8 3.5L10.3.2c-.1-.2-.2-.2-.3-.2H1.5C.7 0 0 .7 0 1.5v14.2c0 .8.7 1.5 1.5 1.5h10.9c.8 0 1.5-.7 1.5-1.6V3.8c0-.1 0-.2-.1-.3zm-3.4-1.8l1.7 1.6h-1.7V1.7zm2 14.4H1.5c-.2 0-.5-.2-.5-.5V1.5c0-.2.3-.5.5-.5h7.8v2.9c0 .2.2.5.5.5h3.1v11.3c0 .2-.2.4-.5.4z"></path><path d="M11.1 6.3H3.7c-.2 0-.5.2-.5.5s.2.5.5.5H11c.3 0 .6-.2.6-.5s-.3-.5-.5-.5zM11.1 12.6H3.7c-.2 0-.5.2-.5.5 0 .2.2.5.5.5H11c.3 0 .6-.2.6-.5-.1-.3-.3-.5-.5-.5zM3.7 10.4H11c.3 0 .6-.2.5-.5 0-.2-.2-.5-.5-.5H3.6c-.2 0-.5.2-.5.5 0 .2.2.5.6.5z"></path></g></svg>
<p class="font-regular" >Cairo Breakfast Briefing 2018 - the audience view: oil price, gas exports and domestic production</p>
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