Egypt
| Background | |
| Egypt is a significant oil producer and a rapidly growing natural gas producer. The country's first liquefied natural gas (LNG) export terminal began operation in January 2005. Suez Canal and Sumed Pipeline are strategic routes for Persian Gulf oil shipments, making Egypt an important transit corridor. |
In 2007, Egypt produced 664,000 barrels of oil per day (bbl/d) continuing its fall from a high of 950,000 bbl/d in 1995. Yet having consumed 653,000 b/d in 2007, production was sufficient to prevent Egypt from becoming a net importer of oil as some had predicted. Production and consumption of natural gas continue to rise with a total of 1.9 trillion cubic feet (Tcf) produced and 1.3 Tcf consumed in 2006, making Egypt a net gas exporter.
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| August 2008 |
| Background |
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| Oil |
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| Natural Gas |
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| Electricity |
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| cabs@eia.doe.gov (202)586-8800 [more contacts] |
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