The Ministry of Petroleum and Mineral Resources is set to implement a monitoring, reporting, and verification (MRV) system to regularly track flaring, fugitive methane, and vented methane emissions at the operator or project level, according to International Monetary Fund’s (IMF) Egypt Country Report No. 25/186 of July 2025.
Furthermore, a forthcoming decree will require operating companies to submit emission reduction targets for approval, in line with Egypt’s Nationally Determined Contributions (NDCs). Companies that fail to comply will face fines after a two-year grace period.
Earlier in July 2025, President Abdel Fattah El Sisi ratified Decree No. 31 of 2025, which approves an agreement to develop a roadmap for methane emission reduction in Egypt. This initiative is supported by a $959,006 grant provided through an agreement between the Egyptian General Petroleum Corporation (EGPC) and the US Trade and Development Agency (USTDA).
The report highlighted that integrating geospatial and climate data into the asset registry will enable comprehensive climate risk assessment of the entire asset portfolio. This will involve mapping assets in coastal and low-lying areas to forecast the impacts of rising sea levels, analyzing infrastructure in regions prone to extreme rainfall and flooding, and evaluating the vulnerability of heat-sensitive assets to extreme temperature events.
It is worth noting that, in June 2022, President El Sisi announced Egypt’s adherence to the Global Methane Pledge within the oil and gas track. The global methane pledge is an international initiative with a primary goal to catalyze action to collectively reduce global anthropogenic (human-caused) methane emissions by at least 30% below 2020 levels by 2030.