Egypt’s oil and gas output declined in January 2025, the Middle East Economic Survey (Mees) data showed.

The Egyptian Natural Gas Holding Company (EGAS) has renewed a memorandum of understanding (MoU) with Romania’s Transgaz to probe further cooperation in natural gas delivery activities.

Egypt is working on an agreement with Israel to boost its natural gas imports by about 58% from the current 950 million cubic feet per day, starting the second half (H2) of 2025.

Egypt’s Ministry of Petroleum and Mineral Resources has announced plans to increase natural gas imports from Israel by approximately 17% starting January 2025.

The Ministry of Petroleum and Mineral Resources has probed fostering cooperation with Schneider Electric in digital transformation in the oil and gas sector.

Egypt has gas export capacity of 12 million tons annually, refining capabilities of 40 million, and over 10 petrochemical parks.

Egypt has mulled ways to accelerate development and production plans for natural gas and crude oil fields and discoveries with the Italian energy firm Eni to secure domestic needs.

Egypt is set to increase its imports of Israeli natural gas by 20% starting in October to reach 1.2 billion cubic feet per day, in an effort to reduce liquefied natural gas (LNG) imports during the winter season.

Egypt has raised the price of a household cooking gas cylinder by 50% from EGP 100 to EGP 150.

Egypt is looking to purchase 20 liquefied natural gas (LNG) cargoes to be delivered from October to December, marking its first time importing LNG for the winter season since 2018.

Egyptian Kuwaiti Holding (EKH) has agreed with Ministry of Petroleum on the expansion of the offshore concession areas granted to its subsidiary North Sinai Petroleum Company and converting the added exploration area into a development contract.

The Greek energy firm Energean has discovered two natural gas and oil-bearing layers in an exploratory well in Egypt.

The US-based Falco Energy company has probed ramping up its oil and gas production at its concessions in Egypt’s Eastern and Western deserts.

Egypt is turning to the Italian energy giant Eni and the American company Apache to boost its natural gas production, aiming for self-sufficiency once again.

Minister of Petroleum and Mineral Resources Karim Badawi held multiple meetings with leaders of several companies operating in Egypt, including Dragon Oil, Dana Gas, Mediterra, and Naftogaz, to explore ways of enhancing oil and gas production.

The Egyptian Ministry of Petroleum and Mineral Resources has agreed with the Italian energy giant Eni to boost the company’s oil and gas exploration operations in Egypt.

Abu Qir Fertilizers and Chemicals Industries Company (ABUK) has started receiving feed-in gases again, resuming operations at its plants

QatarEnergy has acquired a 40% interest in two offshore natural gas exploration blocks in Egypt from ExxonMobil as per an agreement signed by both sides on May 12th.