What kind of interest are you seeing from international oil companies (IOCs) in new acreage?
Egypt Energy
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Interviews & Viewpoints | OBG talks to Sherif Ismail, Minister of Petroleum from The Report: Egypt 2013
Interviews & Viewpoints | OBG talks to Ahmed Mostafa Emam Shaaban, Minister of Electricity and Energy from The Report: Egypt 2013
What are the priorities for liberalisation of the transmission and distribution network?
As the largest non-OPEC oil producer in Africa as well as the continent’s second-largest natural gas producer, Egypt’s hydrocarbons resources and production play a central role in the nation’s economy. While the sector was nationalised in the 1960s, more recent reorganisations have created separate authorities for oil, gas and petrochemicals, which has allowed the private sector to play a bigger...
The wealth of the Nile River and its fertile banks and delta, together with Egypt’s location at the confluence of Africa, Asia and Europe, have made the country a valuable prize for centuries, as well as a centre of trade and ideas.
Economic update | Realising Egypt’s gas potential
12 Nov 2013
The start of production at a concession in Egypt’s Nile Delta basin by a German firm has come as welcome news, an indication of the sizable potential offered by the country’s offshore blocks. With local consumption growing, the North African state is looking to balance the need to expand output to meet domestic gas demand while at the same time fulfilling its long-term external commitments.
Economic update | Egypt: Securing energy supplies
5 Jun 2013
A range of gas exploration tenders should bring Egypt billions of dollars in investment this year and help the country meet its pressing long-term energy needs.