Africa · EGY
Egypt
From LNG exporter to summer importer in half a decade. Zohr’s plateau met air-conditioning demand.
Oil production
0.6 mb/d
0.8 mb/d demand
Net oil
-0.2 mb/d
Import gap
Gas production
52 bcm
Net -8 bcm
O&G rent
2.8%
Fiscal breakeven $80
Oil balance
Production versus demand, 2025, million barrels per day.
Gas balance
Production versus demand, 2025, billion cubic metres.
Proven oil
3 bn bbl
Gas reserves
2.2 tcm
Refining
0.8 mb/d
LNG
6 bcm import
Hydrocarbon mix
Oil versus gas in this country’s oil-and-gas demand (oil-equivalent).
- Oil26%
- Gas74%
Economy
Fuel subsidies, FX and IMF math. El Dabaa nuclear and Gulf solar deals are the 2030s hedge. Suez transit fees are the other energy rent — and Red Sea risk cuts them.
- GDP
- $0.4 tn
- Population
- 116.0 m
- Oil intensity
- 0.7 bbl /$1k
- Oil & gas rent
- 2.8% GDP
- Hydrocarbon trade
- 2.2% GDP
- Fiscal breakeven
- $80 /bbl
- $30 oil shock
- -5.5 pp GDP
- Club
- Independent
Projected oil demand
Regional IEA WEO 2025 oil pathways applied to this country’s 2025 baseline. STEPS 2035 demand 1.0 mb/d (net -0.4) versus NZE 0.6 mb/d (net -0.4).
| Scenario | 2025 | 2030 | 2035 | 2050 |
|---|---|---|---|---|
| Stated Policies | 0.8 | 0.9 | 1.0 | 1.3 |
| Net Zero 2050 | 0.8 | 0.8 | 0.6 | 0.3 |
| Current Policies | 0.8 | 0.9 | 1.0 | 1.4 |