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Cairo EG

sr scientist worked in 3D Oil Exploration for 30 years all over the World .

Cairo EG

IT Operational Manager

Industry Market Research

Egypt Increased Gas, Oil Production in Q3 of 2024

Badawi explained that the Ministry is working to attract more investments in the oil and gas sector, both local and international.

Egypt is buying dozens of cargoes this year and abandoning plans to become a supplier to Europe amid a steep decline in domestic gas output.

He highlighted the cost efficiency of natural gas compared to traditional fuels, its environmental benefits, and its increased availability.

Egypt has also unveiled new opportunities through its Digital Exploration Portal and partnered with global firms to reduce production costs.

The contract will commence immediately upon the conclusion of the current contract in the fourth quarter of 2024.

Oil & Gas Events

EGYPES 17.02.2025

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