Egypt Energy

Displaying 31 - 36 of 111

 

The Natural Gas Regulatory Act, or Law No. 196 of 2017, which was approved by the House of Representatives in the summer of 2017, is the culmination of a long legislative effort by the government. The drafting of the law began shortly after the election of President Abdel Fattah El Sisi in 2014, and the completion of this process followed...

 

What have been the effects of the fuel subsidy reforms on the energy sector, and has it impacted other areas of the economy?

 

What steps are being taken to boost the sector’s investment attractiveness?

As Egypt enters 2018, a newly liberalised local currency and the recent implementation of a much-anticipated investment framework have left the country well positioned for continued economic expansion: the IMF expects GDP growth to reach 4.5% in 2018 and accelerate to around 6% over the medium term.

A recently discovered gas field in Egypt – one of the world’s largest – is on track to begin production by the start of next year, which should quickly ease the country’s reliance on energy imports.

Heightened activity across several of Egypt’s large, new gas fields and government policy measures aimed at encouraging the sector’s development have put the country on course to reach its target of becoming a net exporter by 2019.

Covid-19 Economic Impact Assessments

Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.

Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.

Register Here×