Skip to main content

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.
EgyptGas.jpg

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.

Access the Middle East news and analysis you can trust

Join our community of Middle East readers to experience all of Al-Monitor, including 24/7 news, analyses, memos, reports and newsletters.

Subscribe

Only $100 per year.