Insight
Egypt's gas supply deficit
Report summary
Egypt's upstream sector has been struggling to maintain gas production in the face of political instability. Output has dropped due to a lack of investment in new gas developments. Spending has been discouraged by escalating costs and the prospect of poor returns due to low domestic gas prices. Future gas will be more costly and challenging to develop. Liberalisation of the gas market is expected to get underway in 2015 and could help promote the development of more costly fields.
What's included
This report contains
Table of contents
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Oil production stable, gas production drops
- Egyptian gas production by area and oil and condensate production (2005-2020)
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Spending up but motivated by oil production
- Upstream capex (2010-2020)
- Gas production is unlikely to recover fully
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Deepwater Nile Delta and gas liberalisation offer some hope
- Selected undeveloped reserves
Tables and charts
This report includes 3 images and tables including:
Images
- Egypt's gas supply deficit: Image 1
- Egypt's gas supply deficit: Image 2
- Egypt's gas supply deficit: Image 3
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