Features

Mahinaz El-Baz

Mahinaz El Baz received her MSc degree in Foreign Trade Economics from Helwan University in 2016. She has two years of experience in journalism and four years of experiance in economic analysis. She received the "Best Economic Article Award" in 2016 from CFA Society Egypt.

  • Oil Price Fluctuations: Can Egypt’s Economy Stand the Strain?
    Industry Insights

    Oil Price Fluctuations: Can Egypt’s Economy Stand the Strain?

    Wednesday, 11th July 2018

    Crude oil prices have reached high levels as global oil inventories have generally declined from January 2017 through April 2018. The fluctuating prices are affecting both importing and exporting countries. Exporting countries, especially the members of the Organization of the Petroleum Exporting Countries (OPEC), are facing production swings after signing the oil production cut deal and its extensions. The latest amendment on the deal was approved after OPEC’s meeting on June 22.

  • Energy Subsidy Cuts: The Hardest Part of Egypt’s Economic Reform
    Industry Insights

    Energy Subsidy Cuts: The Hardest Part of Egypt’s Economic Reform

    Tuesday, 12th June 2018

    Egypt’s government has committed to periodically increasing the pre-tax cost-recovery ratio on most fuel products in order to achieve 100% in fiscal year (FY) 2018/2019 and to eliminate electricity subsidies by FY 2020/2021, according to the International Monetary Fund (IMF).

  • Tracking The Gender Gap In Egypt’s Petroleum Sector: From Academia To Field
    Research & Analysis

    Tracking The Gender Gap In Egypt’s Petroleum Sector: From Academia To Field

    Tuesday, 1st May 2018

    Representing less than 10% of the employees in Egypt’s oil and gas sector, women account for a significantly smaller share of the industry’s workforce than they do in almost all other industries, according to the Central Agency for Public Mobilization and Statistics (CAPMAS)’s workforce report 2016.

  • Southern Mediterranean LNG Infrastructure:  Egyptian-Algerian Cooperation or Competition?
    Research & Analysis

    Southern Mediterranean LNG Infrastructure: Egyptian-Algerian Cooperation or Competition?

    Tuesday, 10th April 2018

    The recently discovered offshore natural gas fields in the Mediterranean Sea have driven speculation on how regional natural gas markets might change and what export and energy benefits might accrue for the countries involved. Natural gas discoveries in this area might enhance regional relations as emerging gas-rich countries need to pool their resources in order to export gas in either pipeline or liquefied natural gas (LNG) form, thereby encouraging dialogue and cooperation.

  • Hydrocarbon Recovery in Deep-water Reservoirs: Challenges and Technologies
    Research & Analysis

    Hydrocarbon Recovery in Deep-water Reservoirs: Challenges and Technologies

    Thursday, 5th April 2018

    Hydrocarbon recovery in deep-water presents a unique challenge to oil and gas operators. Safe drilling operations and protecting the environment are primary requirements, in addition to minimizing risks and maximizing recovery. With average worldwide rig day rates remaining higher than $300,000 - drill ships and semisubmersible rigs -, there is no chance for unexpected costs resulting from nonproductive time, according to Baker Hughes.

  • The Future of Integrity Management for Deep-water Equipment in Egypt
    Research & Analysis

    The Future of Integrity Management for Deep-water Equipment in Egypt

    Thursday, 5th April 2018

    Offshore oil and gas operations are getting  more sophisticated and remote, as it is difficult to access into the equipment under extraordinary conditions in remote subsea and deep-water locations. Besides, the inspection needed to ensure integrity of equipment at distant and deep offshore locations is costly.

  • Natural Gas Exporting Vs. Re-exporting: Maximizing Egypt’s Regional Competitive Advantage
    Research & Analysis

    Natural Gas Exporting Vs. Re-exporting: Maximizing Egypt’s Regional Competitive Advantage

    Sunday, 4th March 2018

    With bright prospects in natural gas production, Egypt is willing to regain its position as a natural gas exporter. In order to reach this target and successfully reduce the gap between supply and demand, the country is taking serious steps towards increasing exploration and production (E&P) activities, in addition to diversifying energy mix.

  • The Impact of LNG Imports Reduction on Egypt’s BOP
    Research & Analysis

    The Impact of LNG Imports Reduction on Egypt’s BOP

    Sunday, 4th March 2018

    Egypt is aiming to become a regional energy hub following the recent discoveries of large offshore gas reserves in the Eastern Mediterranean and the Nile Delta. The country’s goal is essential during the current transitional period as the energy sector, especially the oil and gas industry, remain the major driver of Egypt’s Balance of Payments (BOP).

  • IOCs and Investment An Examination of the Lure of Egypt’s Investment Climate
    Research & Analysis

    IOCs and Investment An Examination of the Lure of Egypt’s Investment Climate

    Thursday, 1st February 2018

    Egypt’s exploration and production (E&P) activities are by far one of the most significant sectors activities attracting investments into the country, representing approximately 16% of the country’s Gross Domestic Product (GDP), according to the Ministry of Petroleum and Mineral Resources.

  • The Market Dynamics of Egypt’s Petrochemical Industry in the Era of Subsidy Elimination
    Research & Analysis

    The Market Dynamics of Egypt’s Petrochemical Industry in the Era of Subsidy Elimination

    Thursday, 1st February 2018

    Egypt’s petroleum sector is starting a new era of energy self-sufficiency. The Ministry of Petroleum and Mineral Resources has already announced the first milestone in its ambitious plan by declaring that Egypt will achieve self-sufficiency of natural gas before the end of 2018.

  • Understanding the Impact of Egypt’s Economic Reform on Petroleum Investment
    Research & Analysis

    Understanding the Impact of Egypt’s Economic Reform on Petroleum Investment

    Thursday, 1st February 2018

    Egypt’s oil and gas industry has always been one of the core indicators of the health of the country’s economic environment. To note, in response to the fluctuations resulting during the early phases post 2011, Foreign Direct Investment (FDI) influx into the industry saw a decline, decreasing from EGP 54.3 billion in the Fiscal Year (FY) 2011/2012 to around EGP 25.5 billion in FY 2013/2014, according to Egypt’s Ministry of Planning.

  • A Deeper Look at the Potential Challenges of EOR Applications in Egypt
    Overview

    A Deeper Look at the Potential Challenges of EOR Applications in Egypt

    Thursday, 1st February 2018

    The interest in application of Enhanced Oil Recovery (EOR) has globally increased, as most of mature oilfields cannot maintain their production unless EOR treatment is deployed. However, the currently implemented oil recovery phases in Egypt are mainly primary and secondary phases with limited applications of EOR techniques.

  • E&P Risk Analysis: Expecting the Unexpected
    Research & Analysis

    E&P Risk Analysis: Expecting the Unexpected

    Monday, 1st January 2018

    Exploration and production (E&P) of hydrocarbons is a high-risk venture. Geological processes are dynamic and uncertain with respect to structure, reservoir seal, and hydrocarbon charge. Economic evaluations of E&P activities contain uncertainties related to costs, probability of finding and producing economically viable reservoirs, global oil prices, and supply and demand dynamics.

  • High Drilling Cost: Efficiency’s Main Challenge
    Research & Analysis

    High Drilling Cost: Efficiency’s Main Challenge

    Monday, 1st January 2018

    The fall of international oil prices has forced industry players to consider controlling, optimizing, or cutting drilling cost to increase efficiency and maintain positive profitability ratios. Drilling a well is a costly process with a high element of risk that requires strict monitoring. Exploration and production (E&P) companies may spend 50% or more of their capital budgets on drilling and completion costs.

  • A Deeper Look into the Prospects of Hydrocarbon Recovery Factors
    Research & Analysis

    A Deeper Look into the Prospects of Hydrocarbon Recovery Factors

    Monday, 1st January 2018

    Hydrocarbons will likely remain the major component of the global energy mix, especially as energy demand is expected to increase by 50%, according to a paper published in the Journal of Applied Polymer Science by Miller et al. The contribution of renewable energy sources could prove insignificant in the face of growing demand.

  • The Prospects of Robotics in Egypt’s Hydrocarbon Industry
    Research & Analysis

    The Prospects of Robotics in Egypt’s Hydrocarbon Industry

    Sunday, 3rd December 2017

    Advances in technology and automation have changed many industries. Now, due to shrinking resources and increasing demand for hydrocarbon products, robotics is making its way into the oil and gas industry. Key industry players are rethinking the pace of their automation timelines as new oil and gas fields are mostly located in extreme conditions that pose serious development challenges in terms of human and environmental safety.

  • Igniting Egypt’s Red Sea Hydrocarbon Potential
    Research & Analysis

    Igniting Egypt’s Red Sea Hydrocarbon Potential

    Sunday, 3rd December 2017

    Geologists consider the Red Sea as one of the world’s most promising areas for hydrocarbon exploration. There are nine countries that border the Red Sea: Saudi Arabia, Egypt, Yemen, Israel, Jordan, Djibouti, Eritrea, Somalia, and Sudan. Some of these countries, mainly Saudi Arabia and Sudan, started exploration activates in the area years ago.

  • The Prospects of Nanotechnology Applications in Egypt’s Oil and Gas Industry
    Research & Analysis

    The Prospects of Nanotechnology Applications in Egypt’s Oil and Gas Industry

    Sunday, 3rd December 2017

    Innovative technologies are highly valued in the oil and gas industry to meet the growing demand for energy. Scientists have been developing and implementing new techniques to boost the productivity of the industry worldwide. Nanotechnology is considered to be one of the most promising technologies in the industry, as there are already many innovative products that use it.

  • Eastern Mediterranean Gas Infrastructure: ANTI OR PRO EGYPT’S DREAMS?
    Research & Analysis

    Eastern Mediterranean Gas Infrastructure: ANTI OR PRO EGYPT’S DREAMS?

    Wednesday, 1st November 2017

    Egypt’s contribution to Eastern Mediterranean potential gas supplies is not limited to its own reserves and production. The country is expected to be an important transit route for regional gas supplies through the Arab Gas Pipeline (AGP) and Liquefied Natural Gas (LNG) terminals, reinforcing the strategic importance of Egypt for the stability of the Eastern Mediterranean energy market. Yet, there are many obstacles along the road to success in being a regional gas hub.

  • Egypt vs. Israel: Regional Natural Gas Export Game
    Research & Analysis

    Egypt vs. Israel: Regional Natural Gas Export Game

    Wednesday, 1st November 2017

    When speaking of natural gas and the Egyptian-Israeli relations, discussions almost always shift to the previous export history and the Israeli hopes of shifting the gear one day and exporting to Egypt its own production.

  • Egypt – Greece Natural Gas Ties: Integration or Competition?
    Research & Analysis

    Egypt – Greece Natural Gas Ties: Integration or Competition?

    Wednesday, 1st November 2017

    The countries and territories of the Eastern Mediterranean have been a controversial topic in international natural gas markets. A number of regional export options, especially to the European Union (EU), has been raised, including pipelines to Greece and liquefied natural gas (LNG) plants in Egypt.

  • Developing Egypt’s Gas Grid: OBSTACLES AND OPPORTUNITIES
    Overview

    Developing Egypt’s Gas Grid: OBSTACLES AND OPPORTUNITIES

    Thursday, 12th October 2017

    The past two decades have witnessed a noteworthy expansion of the Egyptian natural gas market to the point where gas now accounts for more than half of the country’s energy needs, according to British Petroleum’s statistical review 2016.

  • Deepwater Exploration Technologies: WHAT DO EXPERTS THINK?
    Research & Analysis

    Deepwater Exploration Technologies: WHAT DO EXPERTS THINK?

    Thursday, 12th October 2017

    Due to production increases, Egypt is set to achieve self-sufficiency in natural gas by the end of 2018. This path has not been easy, as the larger share of the country’s natural gas has been in deepwater fields.

  • An Examination of Egypt’s Gas Flaring Reduction Efforts
    Research & Analysis

    An Examination of Egypt’s Gas Flaring Reduction Efforts

    Thursday, 12th October 2017

    Efforts to reduce gas flaring are slowly gaining support around the world. The practice is coming under criticism due to its waste of valuable resources and negative impact on the environment. Even though reducing flaring is still not a common feature in many petroleum fields, the harmful practice could end worldwide by 2030 if pursued efficiently, as outlined by the World Bank’s “Zero Routine Flaring” initiative.

  • A Deeper Look into the IPO Challenges of Egypt’s Oil Refineries
    Research & Analysis

    A Deeper Look into the IPO Challenges of Egypt’s Oil Refineries

    Wednesday, 6th September 2017

    After decades of discussion, the Egyptian government is looking to partially privatize parts of the oil and gas industry, particularly its state-owned oil refineries. Of late, it has taken steps to prepare for Initial Public Offerings (IPO) for a number of the governmentally owned corporations in the sector. This move is part of the government’s plan to raise funds for the national oil companies (NOCs) to upgrade production capacity.

  • The Prospects of Egypt’s Petrochemical INDUSTRY UPGRADE PLAN
    Research & Analysis

    The Prospects of Egypt’s Petrochemical INDUSTRY UPGRADE PLAN

    Wednesday, 6th September 2017

    The petrochemical industry plays an important role in the Egyptian economy and is one of the most dynamic parts of the oil and gas sector. Recognizing the importance of the industry, the Egyptian government has developed and is implementing a master plan to accelerate its growth, but, despite significant expansion, the industry still faces many obstacles that hinder its ability to achieve its full potential.

  • THE OIL PRICE GAME AND THE GCC: CHALLENGES, IMPLICATIONS, AND FUTURE SCENARIOS
    Research & Analysis

    THE OIL PRICE GAME AND THE GCC: CHALLENGES, IMPLICATIONS, AND FUTURE SCENARIOS

    Wednesday, 9th August 2017

    Slumping oil prices have put pressure on the Gulf Cooperation Council (GCC) economies, forcing the regions countries to continue with painful fiscal settlements and suffer from less government revenues.

  • Unconventional Gas and Environmental Sustainability
    Research & Analysis

    Unconventional Gas and Environmental Sustainability

    Wednesday, 5th July 2017

    The rapid development of unconventional gas resources in the past few years has dramatically affected the global energy market, increasing the possibility of having a source of low carbon energy to reduce dependence on coal and conventional oil and gas.

  • FLEXIBILITY VS. PROTECTION: MODERNIZING EGYPT’S OIL&GAS LEGAL FRAMEWORK
    Research & Analysis

    FLEXIBILITY VS. PROTECTION: MODERNIZING EGYPT’S OIL&GAS LEGAL FRAMEWORK

    Tuesday, 6th June 2017

    Egypt has been facing an economic decline in the last couple of years, and in an attempt to help and revive the economy, the government decided to float the Egyptian currency, that took matters from bad to worse. The Economic fluctuation had a tremendous negative effect on many industries and sectors in the country; among them was the rise in consumption of petroleum products.

  • UPSTREAM INFRASTRUCTURE, Egypt’s Future of LNG Exports
    Research & Analysis

    UPSTREAM INFRASTRUCTURE, Egypt’s Future of LNG Exports

    Sunday, 7th May 2017

    With an opportunity cost in international markets, Egyptian natural gas contains a price advantage, cleaner emissions than oil, and is more environment-friendly. Egyptian natural gas is also a domestic consumption substitute for petroleum products since that it is highly tradable.

  • BENEFITS OF FARM-OUT DEALS
    Research & Analysis

    BENEFITS OF FARM-OUT DEALS

    Thursday, 13th April 2017

    The current global oil price environment has challenged both large and smaller players in the market to accommodate the financial, operational, and legal challenges they face. The low crude prices led to a range of new deals, in which oil and gas companies evaluated the sustainability of the existing and new projects in the long term and in many cases opted for farm-outs.

  • BRIGHT ECONOMICS OF UNCONVENTIONAL OIL AND GAS
    Research & Analysis

    BRIGHT ECONOMICS OF UNCONVENTIONAL OIL AND GAS

    Monday, 13th March 2017

    Unconventional oil and gas activities worldwide are reshaping energy futures and bringing significant benefits to the economies in terms of jobs, government revenues, and GDP. Yet, concerns about the economic viability of unconventional oil and gas have been on a rise since the initial pursuit of these resources.