Egypt energy markets long-term outlook 2020: a return to net gas exporter status – but for how long?

The wheel has turned for Egypt's gas market, shifting from deficit to surplus in record time, with production from Zohr and other Egyptian gas fields. Egypt also started importing piped gas from Israel in January 2020. Further monetisation options are becoming critical to deal with the influx of new volumes. In this report, we highlight and address key energy trends: • The impact of increased gas production. Can the domestic market absorb the excess supply volumes? • How will gas trade flows be impacted over the short-, medium- and long term? • As domestic oil production falls, will exploration bid rounds help offset growing oil imports? • What is the renewables outlook for the Egyptian power sector, and is nuclear power still a factor in Egypt's diversification strategy?