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Article

Egypt targets adding 330 million cubic feet of daily gas production before the end of the year.

Daily News Egypt (Business Section) Sep 16, 2026
Read the original Article page

TL;DR

Petroleum Minister Karim Badawi announced plans to add 330 million cubic feet per day to domestic gas production from fields in the Mediterranean and Western Desert before the end of the year.

The production increase includes 250 million cubic feet per day from the Zohr and West Mina fields and 80 million cubic feet per day from the Meleiha fields following a plant expansion.

Intelligence

EGAS Executive Managing Director Sayed Selim reported nine new discoveries adding 2.8 trillion cubic feet of gas reserves alongside $440 million in new exploration investments.

By boosting domestic gas production by 330 million cubic feet per day before the end of the year, Egypt aims to significantly reduce its costly energy import bill and stabilize its domestic electricity grid.

Restoring foreign partners confidence through outstanding debt clearance will likely catalyze the planned $440 million in exploration investments over the current fiscal year.

For neighboring Mediterranean and North African energy markets, Egypt's recovery of domestic supply reduces its reliance on LNG imports, freeing up regional supply chains.

Funding extracted from this article

2
Egyptian Natural Gas Holding Company Unknown · $200m
Egyptian Natural Gas Holding Company Unknown · $240m

Regulatory activity extracted

1
Ministry of Petroleum and Mineral Resources Licence granted

Tenders extracted

0

No tenders were extracted from this article.

Companies named

3

People named

2