Natural gas development in Egypt

Mostafa Kamal El Ayouty

Energy, 1985, vol. 10, issue 2, 227-230

Abstract: So far, hydrocarbons are the main source of energy in Egypt, and they will remain so for many decades to come. This is why a great deal of emphasis is given to oil and gas exploration and production activities. Though oil has been known since the sixties of the last century and has been in production since 1909, gas has been discovered in commercial quantities only since March 1967. Since then, three gas discoveries have been put into production and others are still under evaluation. Good gas potentialities seem to exist in different parts of basins in the country. In order to boost exploration efforts, new terms have been introduced, both as amendments to old agreements and also for inclusion in new agreements. These terms include provisions for maintaining a national gas reserve for the country, while allowing for gas liquefaction for export, as well as for compensation for the gas reserves devoted to establishment of the national gas reserve.

Date: 1985
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Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:10:y:1985:i:2:p:227-230

DOI: 10.1016/0360-5442(85)90085-4

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