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Egypt: A new record in natural gas exports during 2022

The Egyptian Ministry of Petroleum and Mineral Resources announced that Egypt produced approximately 50.6 million tonnes of natural gas during the current year.

According to the statement, Egypt achieved a record in natural gas exports, reaching 8 million tonnes this year, compared to about 7 million tonnes the previous year.

The value of natural gas exported during the year amounted to about $8.4 billion, compared to about $3.5 billion in 2021, an increase of 140 per cent over 2021, due to the increase in LNG export prices globally.

In its performance statement during the current year, the ministry stated that the total production of petroleum wealth during 2022 amounted to about 79.5 million tonnes, with 27.8 million tonnes of crude oil and condensate.

The implementation of 4 projects for the development and production of gas from the discovered fields has also been completed to produce quantities of natural gas amounting to about 185 million cubic feet of gas per day, in addition to 1,000 barrels of condensate per day. The total investment cost of the projects is about $183 million.

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الاتحاد العربي للحديد والصلب

لوريم ايبسوم هو نموذج افتراضي يوضع في التصاميم لتعرض على العميل ليتصور طريقه وضع النصوص بالتصاميم سواء كانت تصاميم مطبوعه لوريم ايبسوم ليتصور طريقه لوريم ايبسوم.

About AISU

Arab Iron and Steel Union was established in Algeria in 1972 as the first Arab Union of the Arab countries to be founded under the Council of Economic Unity umbrella in the League of Arab States.

It is the first Arab organization to specialize in the iron and steel field, and its tasks fall within making plans aimed mainly at developing and growing the iron and steel industry in the Arab world.

Arab Iron and Steel Union comprises a wide range of multi-activity companies related to the iron and steel industry from the Arab countries.

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