Exports | Egypt Oil & Gas

GECF Countries Represent 72% of Global Gas Exports Since 2001

The GECF includes 19 countries from four continents and represents 72% of gas exports in the world since its establishment in 2001, pointing out that the total gas consumption represents 23% of the total global co ...

Electricity Rationalization Efforts Save More Natural Gas for Export

In a meeting to follow up on the progress of measures to rationalize electricity consumption, Minister of Petroleum and Mineral Resources Tarek El Molla praised the decision, asserting that it has contributed to s ...

El Molla: Egypt Targets Oil, Gas Investments of Up to $8B in 2022/23

Minister of Petroleum and Mineral Resources Tarek El Molla declared that Egypt seeks to achieve between $7.7 billion to $8 billion in oil and gas sector investments during fiscal year (FY) 2022/23.

Russia’s Economy Ministry Expects $337.5B in Energy Export Revenue

According to a document from the Russian economy ministry, higher gas export volumes coupled with increasing gas prices will increase Russia's energy export revenue to $337.5 billion this year, up 38% from 2021.

Egypt Aims to Boost Natural Gas Exports by Rationalizing Electricity Consumption

The more we can rationalize the quantities of natural gas that serve the power stations, the more we will have an opportunity to export a more significant part of this natural wealth, thus bringing more foreign cu ...

Egypt’s Gas Export Revenues Reach $3.892 B in First Four Months of 2022

Egypt's natural gas and liquefied natural gas (LNG) export revenues increased by 98% to reach $3.892 billion in the first four months of 2022.

Egypt’s Oil Trade Balance Achieves $2.1 billion Surplus in July-December 2021/22

Egypt's oil trade balance recorded a surplus of $2.1 billion, during the period from July to December of the fiscal year (FY) 2021/22, compared to a deficit of $54.2 million a year earlier.

El Molla: Egypt to Ramp Up LNG Exports to Europe in Upcoming Period

In an interview with Al- Sharq, the Minister of Petroleum and Mineral Resources Tarek El Molla disclosed plans with the East Mediterranean countries to increase liquefied natural gas (LNG) exports to Europe during ...

ADNOC to Build New LNG Plant to Expand Exports 

Abu Dhabi National Oil Co. (ADNOC) announced that it plans to build a new liquefied natural gas plant to raise its exports amid surging demand.

Russian Crude Oil Exports Decline by 25% in a Week

This comes as crude oil shipments to Asia from the ports on the Arctic, Baltic, and Black Sea coasts declined to its lowest levels in two months.

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