Recently, the Eastern Mediterranean has become an important region for natural gas production. It is the home to large hydrocarbon resources, even though the countries in the region—excluding Egypt—have been slow ...
Elimination of energy subsidies have been the focus of the Egyptian government since 2014, resulting in gradual, yet significant, increases in prices throughout the local market. As a core staple in Egyptian house ...
The prices of petroleum products have recently changed after the latest government amendment to the energy subsidies in June of this year, increasing fuel prices by at least 50%, according to the ministry of elect ...
Amidst the economic reform ongoing in Egypt, the oil and gas industry has played an incredible role in designing prospects to rebalance the government’s budget. In 2017, the hydrocarbon-rich country has obtained i ...
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 th ...
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 pro ...
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 ...
Over the past decade, Israel, Egypt, and Cyprus have all announced discoveries of large offshore deposits of natural gas. These recent discoveries in the eastern Mediterranean have set off a regional race to explo ...
In the race to become a regional gas hub, the shortest route tends to be through the welfare of other nations. Experts often believe that international relations and mutual benefit are the only road for region to ...
Cairo – Decypha: In an attempt to prop up the oil prices, the Organization of the Petroleum Exporting Countries (OPEC), along with 11 non-members, decided in November 2016 cut oil production as they battle a globa ...
