Egypt Accelerates Gas Production and Regional Expansion

As part of efforts to ensure sustainable domestic energy supplies, Egyptian Prime Minister Mostafa Madbouly met with Karim Badawi, Minister of Petroleum and Mineral Resources. The meeting aimed to review progress in securing local energy sources, increasing oil and gas production, and accelerating exploration and field development.

The government has prioritized ensuring stable petroleum product and natural gas supplies while supporting new discoveries and enhancing Egypt's position as a regional energy trading hub. To this end, Badawi announced that production from the Fayoum-4 well in the West Delta Deep Marine area has started two years ahead of schedule, adding approximately 80 million standard cubic feet per day (mmscf/d) of natural gas to the country's reserves.

The project utilized existing offshore infrastructure to accelerate completion. Additionally, PETROJET signed a $22.7 million contract for a natural gas connection project in the Al-Muwaqqar Developmental Industrial Area south of Amman, Jordan. This initiative supports Egypt's strategy to expand its petroleum companies' international presence and leverage their technical expertise in energy infrastructure.

The Ministry of Petroleum and Mineral Resources (MoPMR) is also implementing strategic oil and gas projects with major international partners, including exploration and development drilling plans in the Mediterranean aimed at increasing production and developing Egypt's hydrocarbon resources. These efforts are part of the country's drive to raise domestic natural gas production and reduce reliance on imports.