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As of 2005, Egypt's reserves of natural gas are estimated at 66 trillion cubic feet (1.9 × 10 ^ 12 m 3), which are the third largest in Africa. [11] Egypt's production of natural gas was estimated at 2,000 billion cubic feet (57 × 10 ^ 9 m 3) in 2013, of which almost 1,900 billion cubic feet (54 × 10 ^ 9 m 3) was domestically consumed. [12]
Country/Region Natural Gas- consumption (million m 3 /year) Year World 3,929,000: 2019 United States 846,600: 2019 European Union 437,400: 2024 Russia 453,000: 2023 China 425,000
To minimize this potential, the government of Egypt has been encouraging the exploration, production and domestic consumption of natural gas. Oil Production was 630 bbl/d (100 m 3 /d) in 2008, and natural gas output continued to increase and reached 48.3 billion cubic meters in 2008. [69] Egypt's net natural gas exports. [70]
The Egyptian Natural Gas Holding Company (EGAS) is an Egyptian state-owned holding company, which owns and manages state stakes in different gas project. The company was established in August 2001. [2] EGAS is also responsible for issuing of natural gas exploration licenses in Egypt. [3]
Countries by natural gas proven reserves (2014), based on data from The World Factbook Natural gas production by region. This is a list of countries by natural gas production based on statistics from The U.S Energy Information Administration (EIA).
Natural gas prices are down nearly 40% year to date amid a glut in supply and a milder-than-expected winter.But analysts see an upside for the commodity going into the end of the year — in part ...
Natural gas prices are down 44% year to date, but demand hit a daily high in January. ... Residential and commercial natural gas consumption accounted for almost 49% of consumption in the lower 48 ...
Natural gas production ranked 20 out of 86 countries; Natural gas consumption ranked 23 out of 211 countries; ... List of Egypt-related topics;