Offshore discoveries in the Mediterranean could increase Egyptâs natural gas production">Offshore discoveries in the Mediterranean could increase Egyptâs natural gas production
(Tue, 14 Aug 2018) Natural gas production in Egypt has been in decline, falling from a 2009 peak of 5.8 billion cubic feet per day (Bcf/d) to 3.9 Bcf/d in 2016, based on estimates in BPâs <em>Statistical Review of World Energy</em>. The startup of a number of natural gas development projects located offshore in the eastern Mediterranean Sea near Egyptâs northern coast has significantly altered the outlook for the regionâs natural gas markets. Production from these projects could offset the growing need for natural gas imports to meet domestic demand, according to the Egyptian government.
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