Egypt expected to become regional gas hub
The Egyptian government has recently announced that the country stopped importing liquefied natural gas and managed to achieve self-sufficiency thanks to the Zohr gas field, raising hopes that Egypt would become a regional gas trading and exporting hub.
Egypt's gas imports, which saved Egypt from frequent daily power cuts five years ago, has become a thing of the past, as Minister of Petroleum Tarek el-Mulla announced Sept. 29 that the country stopped importing liquefied natural gas (LNG).
According to Mulla, Egypt has managed to achieve self-sufficiency in gas due to the Zohr gas field whose output increased six times since its inauguration in January.
