Italian agency highlights rise in Egypt’s gas production

CAIRO – 27 January 2019: The Italian Agency “Nova” highlighted the rise in Egypt’s gas production to 226 million cubic meters per day during the fiscal year 2019/2020.

It affirmed that Egypt will become a main source of energy to Europe soon.

"The goal can be achieved with the development of all gas fields in the coming period and this will be an" unprecedented "share of the country,” Minister of Petroleum Tarek el-Molla said, according to the agency.

He added that this is the result of the success of the ministerial strategy supported by strong political and economic stability.

The European Union expressed its support for Egypt to become a regional gas center, using gas liquefaction plants in Edco and Damietta to export gas to European markets.
Molla said on Saturday that Egypt’s production of natural gas will reach about 8 billion cubic feet per day in 2019/2020.

Egypt's daily gas output to reach 8B cubic feet in FY 2019/2020: minister

CAIRO, Jan 26 (MENA) - Egypt's production of natural gas will reach about 8 billion cubic feet per day in the 2019/2020 fiscal year, Minister of Petroleum and Mineral Resources Tareq el Mulla said on Saturday.

The minister announced in 2018 that Egypt has achieved self-sufficiency in natural gas production.

Egypt stopped importing liquefied gas in September after adding 1.6 million cubic feet to its production from its latest gas discoveries, including West Delta’s Taurus and Libra fields, as well as the Atoll and Zohr gas fields.