In 2020, the average current natural gas production rate stood at *** billion cubic feet per day. As of the same date, Egypt had a natural gas production capacity of *** billion cubic feet per day.

Gasoline Prices in Egypt remained unchanged at 0.40 USD/Liter in November. This dataset provides - Egypt Gasoline Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news.

United States Natural Gas Exports: Avg Price: LNG: To Egypt: From Freeport, Texas data was reported at 6.320 USD/1000 Cub ft in Oct 2024. This records a decrease from the previous number of 16.710 USD/1000 Cub ft for Nov 2015. United States Natural Gas Exports: Avg Price: LNG: To Egypt: From Freeport, Texas data is updated monthly, averaging 11.515 USD/1000 Cub ft from Nov 2015 (Median) to Oct 2024, with 2 observations. The data reached an all-time high of 16.710 USD/1000 Cub ft in Nov 2015 and a record low of 6.320 USD/1000 Cub ft in Oct 2024. United States Natural Gas Exports: Avg Price: LNG: To Egypt: From Freeport, Texas data remains active status in CEIC and is reported by U.S. Energy Information Administration. The data is categorized under Global Database’s United States – Table US.P015: Natural Gas Export Price: Liquefied Natural Gas.

The Egypt Oil and Gas Upstream Market, encompassing onshore and offshore operations, is projected to experience steady growth throughout the forecast period (2025-2033). While a precise market size for 2025 isn't provided, we can infer a substantial value based on the given CAGR of 1.52% and the available study period (2019-2033). Considering global oil and gas market trends and Egypt's existing production levels, a reasonable estimation for the 2025 market size could be in the range of $10-15 billion USD. This growth is primarily driven by increasing domestic energy demand, Egypt's strategic geographical location facilitating exports to European markets, and ongoing exploration and development activities by major international and national oil companies. Key segments include crude oil and natural gas production, with natural gas showing potentially stronger growth due to its increasing role in power generation and industrial applications. However, challenges such as geopolitical instability in the region, fluctuating global oil prices, and the growing emphasis on renewable energy sources represent potential restraints. The dominance of established players like BP, ExxonMobil, and Shell, alongside the active participation of Egyptian General Petroleum Corporation (EGPC) indicates a competitive yet concentrated market structure. The market’s steady growth trajectory is expected to continue, though potentially at a slightly moderated pace in later years due to the inherent volatility of the global energy sector. Ongoing investment in infrastructure, technological advancements in extraction and exploration, and potentially successful exploration ventures could spur growth above the projected CAGR. Conversely, stricter environmental regulations and a potential shift towards renewable energy sources might moderate growth. Analyzing the market segmentation more precisely (onshore vs. offshore, and the specific production of crude oil, natural gas, and other products) would enable a more refined forecast. The involvement of both multinational energy giants and the national oil company underscores a balanced interplay between foreign investment and domestic economic development, significantly shaping the future of the Egyptian oil and gas upstream market. Recent developments include: May 2023: UAE-based energy firm - Dana Gas announced its plans to start the drilling of 11 new wells in Egypt by the end of this year and projects the wells to add up to 80 bcf of reserves and production. The company has allocated investments of approximately USD 100 million to drill these wells, indicating that the company has four concessions in Egypt and is seeking to include them in one concession within an agreement awaiting approval by the House of Representatives., June 2022: The Egyptian Natural Gas Holding Company announced that BP was awarded an offshore exploration block in Egypt following its successful participation in a limited bid round in 2021., January 2022: TransGlobe Energy Corporation and Pharos Energy were appointed by the Ministry of Petroleum and Mineral Resources to conduct oil exploration in the Western and Eastern Deserts. The contracts are valued at at least USD 506 million in total. Additionally, both regions will receive a USD 67 million grant to drill 12 wells.. Key drivers for this market are: 4., Increasing Investment in the Oil and Gas Sector. Potential restraints include: 4., Increasing Investment in the Oil and Gas Sector. Notable trends are: Natural Gas Expected to Dominate the Market.

The Egypt Oil And Gas Market size was valued at USD 7.48 Million in 2023 and is projected to reach USD 9.21 Million by 2032, exhibiting a CAGR of 3.01 % during the forecasts periods.The oil and gas sector in Egypt is a critical driver of the country's economy, serving as a cornerstone for domestic energy supply and economic progress. Egypt boasts substantial reserves of oil and natural gas, with significant exploration and production activities concentrated in diverse regions such as the Western Desert, Nile Delta, and offshore Mediterranean Sea. This industry features a mix of multinational oil companies, national entities such as the Egyptian General Petroleum Corporation (EGPC), and international operators engaged across upstream exploration and production, midstream transportation, and downstream refining and distribution.Egypt's strategic geographic location and abundant natural resources establish it as a prominent player in both regional and global energy markets. The discovery of major natural gas fields, notably the Zohr gas field in the Mediterranean, has been pivotal in transforming Egypt into a net exporter of natural gas and bolstering its energy security. The government has implemented reforms aimed at attracting foreign investments, fostering exploration activities through licensing rounds, and enhancing infrastructure to support sectoral expansion. Key challenges confronting the Egyptian oil and gas market include regulatory uncertainties, geopolitical risks, fluctuations in global energy prices, and the ongoing need for substantial investments in infrastructure and technology. Additionally, environmental considerations and sustainability objectives are gaining prominence as the industry strives to harmonize economic growth with environmental responsibility. Recent developments include: June 2023: United Oil and Gas Company (UOG) reported the discovery of a total of 12.5 meters of net oil pay during testing of the ASD-3 development well in the Abu Sennan license onshore Egypt. This included 3 meters of net pay in the Abu Roash C reservoir (AR-C) and 9.5 meters of net pay in the Abu Roash E (AR-E) reservoir across the primary Abu Roash reservoir., May 2023: Dana Gas, a UAE-based energy firm, unveiled its plans to commence drilling 11 new wells in Egypt by the year-end. The projected outcome of these wells is an addition of up to 80 bcf (billion cubic feet) of reserves and production. Dana Gas has earmarked approximately USD 100 million for these drilling activities. Notably, the company holds four concessions in Egypt and is actively pursuing its consolidation into a single concession. This initiative is currently pending approval by the House of Representatives.. Key drivers for this market are: 4., Increasing Investment in Oil and Gas Sector4.; Supportive Government Policies. Potential restraints include: 4., Inclination towards renewable energy. Notable trends are: Upstream Sector is Expected to be the Fastest Growing Sector.

Discover the latest insights into Egypt's Oil & Gas market, projected to reach $9.42 billion by 2033. Analyze market size, growth, key players (BP, Shell, ExxonMobil), and regional trends impacting this dynamic sector. Learn about growth drivers, restraints, and future forecasts for this lucrative market. Recent developments include: June 2023: United Oil and Gas Company (UOG) reported the discovery of a total of 12.5 meters of net oil pay during testing of the ASD-3 development well in the Abu Sennan license onshore Egypt. This included 3 meters of net pay in the Abu Roash C reservoir (AR-C) and 9.5 meters of net pay in the Abu Roash E (AR-E) reservoir across the primary Abu Roash reservoir., May 2023: Dana Gas, a UAE-based energy firm, unveiled its plans to commence drilling 11 new wells in Egypt by the year-end. The projected outcome of these wells is an addition of up to 80 bcf (billion cubic feet) of reserves and production. Dana Gas has earmarked approximately USD 100 million for these drilling activities. Notably, the company holds four concessions in Egypt and is actively pursuing its consolidation into a single concession. This initiative is currently pending approval by the House of Representatives.. Key drivers for this market are: 4., Increasing Investment in Oil and Gas Sector4.; Supportive Government Policies. Potential restraints include: 4., Increasing Investment in Oil and Gas Sector4.; Supportive Government Policies. Notable trends are: Upstream Sector is Expected to be the Fastest Growing Sector.

In June 2023, the average price of petrol in Egypt reached **** Egyptian pounds per liter, which was an increase of ***** percent from June of the preceding year. In the period under review, the average price of petrol in Egypt followed an overall increasing trend.

As of *********, Egypt ranked among the cheapest countries with petrol prices on the continent in U.S. dollars.

United States Natural Gas Exports: Avg Price: LNG: To Egypt data was reported at 6.550 USD/1000 Cub ft in 2024. This records an increase from the previous number of 3.270 USD/1000 Cub ft for 2018. United States Natural Gas Exports: Avg Price: LNG: To Egypt data is updated yearly, averaging 6.460 USD/1000 Cub ft from Dec 2015 (Median) to 2024, with 5 observations. The data reached an all-time high of 16.710 USD/1000 Cub ft in 2015 and a record low of 3.270 USD/1000 Cub ft in 2018. United States Natural Gas Exports: Avg Price: LNG: To Egypt data remains active status in CEIC and is reported by U.S. Energy Information Administration. The data is categorized under Global Database’s United States – Table US.P016: Natural Gas Export Price: Liquefied Natural Gas: Annual.

United States Natural Gas Exports: Avg Price: LNG: To Egypt: From Sabine Pass, Louisiana data was reported at 6.920 USD/1000 Cub ft in Jan 2025. This records a decrease from the previous number of 7.060 USD/1000 Cub ft for Dec 2024. United States Natural Gas Exports: Avg Price: LNG: To Egypt: From Sabine Pass, Louisiana data is updated monthly, averaging 6.000 USD/1000 Cub ft from Dec 2016 (Median) to Jan 2025, with 10 observations. The data reached an all-time high of 7.060 USD/1000 Cub ft in Dec 2024 and a record low of 3.270 USD/1000 Cub ft in Jan 2018. United States Natural Gas Exports: Avg Price: LNG: To Egypt: From Sabine Pass, Louisiana data remains active status in CEIC and is reported by U.S. Energy Information Administration. The data is categorized under Global Database’s United States – Table US.P015: Natural Gas Export Price: Liquefied Natural Gas.

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Compressed Natural Gas (CNG) Market Size 2025-2029

The compressed natural gas (cng) market size is valued to increase by USD 32.28 billion, at a CAGR of 9% from 2024 to 2029. Increase in number of CNG-powered vehicles will drive the compressed natural gas (cng) market.

Market Insights

APAC dominated the market and accounted for a 52% growth during the 2025-2029.
By Application - LDV segment was valued at USD 32.11 billion in 2023
By Source - Non associated gas segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 90.25 billion 
Market Future Opportunities 2024: USD 32280.00 billion
CAGR from 2024 to 2029 : 9%

Market Summary

Compressed Natural Gas (CNG) is an alternative fuel derived from the natural gas industry, characterized by its high energy content and environmental benefits. The global CNG market is driven by several factors, including the increasing number of CNG-powered vehicles and the expansion of CNG refueling infrastructure. The supply of natural gas, a primary feedstock for CNG, is another significant factor influencing market growth. Fluctuation in global oil and gas prices plays a crucial role in the adoption of CNG as a transportation fuel. As oil prices rise, the cost competitiveness of CNG increases, making it an attractive alternative for commercial and industrial fleets.
For instance, a logistics company may opt for CNG to power its delivery trucks to optimize its fuel costs and reduce operational expenses. Despite the numerous advantages, the CNG market faces challenges, such as limited refueling infrastructure in certain regions and the high upfront cost of CNG vehicles and infrastructure. To mitigate these challenges, governments and private entities are investing in the development of CNG infrastructure and incentives for CNG vehicle adoption. In summary, the CNG market is witnessing steady growth due to the increasing number of CNG-powered vehicles, expanding refueling infrastructure, and favorable economic conditions.
Companies across various industries, including transportation and logistics, are exploring the use of CNG to improve their operational efficiency and reduce their carbon footprint.

What will be the size of the Compressed Natural Gas (CNG) Market during the forecast period?

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Compressed Natural Gas (CNG) is an increasingly popular sustainable fuel option for transportation, with its market exhibiting continuous evolution. Renewable gas integration is a significant trend in the CNG sector, as companies seek to reduce their carbon footprint and comply with stringent environmental regulations. For instance, pipeline network expansion enables the integration of biomethane, a renewable gas derived from agricultural waste, into the CNG supply chain. Fuel consumption patterns indicate that CNG offers cost-effectiveness advantages over traditional diesel and gasoline. According to data from the US Department of Energy, the average price of CNG is approximately 50% lower than that of gasoline and 30% lower than diesel.
This cost savings can significantly impact budgeting and product strategy decisions for businesses operating large fleets. Moreover, advancements in fuel dispensing technologies, such as high-pressure CNG compressors and fast-fill stations, enhance operational efficiency improvements. Gas quality monitoring systems ensure consistent fuel quality, while economic feasibility studies and emission reduction targets guide infrastructure development. Safety management systems and regulatory compliance frameworks are essential components of the CNG market, as they ensure network reliability assessment and engine performance metrics meet industry standards. Additionally, hydrogen blending in CNG can improve fuel infrastructure development and energy security implications, making it a promising area for future research.
In conclusion, the CNG market's dynamic nature offers numerous opportunities for businesses to adapt and innovate, from vehicle refueling infrastructure and engine performance to fuel infrastructure development and environmental impact assessment.

Unpacking the Compressed Natural Gas (CNG) Market Landscape

The compressed natural gas (CNG) market is evolving as stakeholders focus on infrastructure expansion, vehicle performance, and environmental sustainability. CNG pipeline network expansion plans and CNG infrastructure development strategies are essential for supporting increased adoption, while optimizing CNG refueling station layout and implementing safety features CNG fueling stations ensure operational efficiency and user safety. Maintenance schedules CNG vehicles, CNG vehicle engine performance metrics, and CNG vehicle fuel efficiency improvements contribute to maximizing vehicle reliability and reducing operational costs. Comparing CNG

This statistic shows the change in the price of gasoline per liter in selected countries for the period between June 2019 and June 2020. The price changes concern unleaded premium (95 RON) for France, Germany, Italy, Spain, and the United Kingdom, and regular unleaded for Canada, Japan, and the United States (AKI 87). RON stands for Research Octane Number, while AKI means Anti-Knock Index. Both represent the most common octane rating in the countries shown. In June 2020, the gasoline price per liter in the U.S. was 23.4 percent lower than it was in June 2019.

Influences on gasoline prices

The price of gasoline is a frequently discussed issue, and is a part of almost everybody’s life in developed countries. Gasoline prices worldwide are dependent of a number of factors: crude oil prices, costs for processing and distribution, demand, strength of currencies, taxation, and availability. The most influential factor is the crude oil price. This price includes the costs for exploration, extraction, and transport. What the consumer pays in the end is also an issue of national oil pricing policy. Typical regions with high taxes on gasoline are European countries and Japan. Other countries keep consumer prices low by subsidizing the costs for gasoline. Among latter countries are the United States, Saudi Arabia, Iran, Venezuela, Egypt, Malaysia, Bolivia, and others. There are many other factors, however, which directly influence the price of gasoline. Wars, crises, and natural disasters in oil producing regions, for example, can obstruct the production and transportation, and thus cause higher crude oil prices. Last but not least, the end-consumer defines the price through his or her demand. A higher number of people driving cars means higher prices for gasoline, which is often the case in the summer months or holiday seasons.

Discover the booming Egypt Oil and Gas market! Explore its $7.48 billion (2025) size, 3.01% CAGR, key players (Shell, BP, Eni), and future growth projections to 2033. Investment opportunities and market trends analyzed. Key drivers for this market are: 4., Increasing Investment in Oil and Gas Sector4.; Supportive Government Policies. Potential restraints include: 4., Inclination towards renewable energy. Notable trends are: Upstream Sector is Expected to be the Fastest Growing Sector.

Egypt Government Budget: Year to Date: Revenue: Non Tax: OR: SG: Sales of Goods: ow Revenue from Natural Gas Price Reform data was reported at 0.000 EGP mn in Feb 2018. This stayed constant from the previous number of 0.000 EGP mn for Jan 2018. Egypt Government Budget: Year to Date: Revenue: Non Tax: OR: SG: Sales of Goods: ow Revenue from Natural Gas Price Reform data is updated monthly, averaging 0.000 EGP mn from Jun 2006 (Median) to Feb 2018, with 106 observations. The data reached an all-time high of 1,415.000 EGP mn in Jun 2009 and a record low of 0.000 EGP mn in Feb 2018. Egypt Government Budget: Year to Date: Revenue: Non Tax: OR: SG: Sales of Goods: ow Revenue from Natural Gas Price Reform data remains active status in CEIC and is reported by Ministry of Finance. The data is categorized under Global Database’s Egypt – Table EG.F002: Consolidated Government Budget: ytd.

In 2024, the Egyptian liquefied petroleum gas (LPG) market increased by 32% to $1.7B for the first time since 2021, thus ending a two-year declining trend. Over the period under review, consumption, however, recorded a deep reduction. Liquefied petroleum gas (LPG) consumption peaked at $3.2B in 2012; however, from 2013 to 2024, consumption failed to regain momentum.

Price for Liquefied Petroleum Gas (LPG) in Egypt - 2023. Find the latest marketing data on the IndexBox platform.

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Gas Engine Market Size 2024-2028

The gas engine market size is valued to increase by USD 2.48 billion, at a CAGR of 6.77% from 2023 to 2028. The expanding gas generator market will drive the gas engine market.

Market Insights

Europe dominated the market and accounted for a 41% growth during the 2024-2028.
By Application - Power generation segment was valued at USD 3.33 billion in 2022
By End-user - Power segment accounted for the largest market revenue share in 2022

Market Size & Forecast

Market Opportunities: USD 69.11 million 
Market Future Opportunities 2023: USD 2483.30 million
CAGR from 2023 to 2028: 6.77%

Market Summary

The market continues to expand globally, driven by the increasing demand for reliable and efficient power generation solutions. One significant trend in the industry is the growing popularity of dual-fuel engines, which enable the use of both natural gas and other fuels, providing businesses with greater flexibility and reducing their reliance on volatile natural gas markets. Irregularities in natural gas reserves and supplies have led companies to explore alternative fuel sources and engine technologies. Dual-fuel engines offer a solution by allowing the use of multiple fuel types, including natural gas, biogas, and liquid fuels. This flexibility is particularly valuable for businesses operating in regions with unstable natural gas supplies or facing price volatility.
For instance, a manufacturing plant in Europe may use natural gas as its primary fuel source but switch to biogas during periods of high natural gas prices or supply disruptions. Dual-fuel engines enable this seamless transition, ensuring uninterrupted operations and improved cost efficiency. Moreover, the adoption of gas engines is gaining momentum due to their environmental benefits. Gas engines emit fewer greenhouse gases compared to traditional diesel engines, making them an attractive option for businesses seeking to reduce their carbon footprint. As governments worldwide implement stricter emissions regulations, the demand for cleaner power generation solutions is expected to increase further.
Despite these advantages, challenges remain, including the high upfront costs of dual-fuel engines and the need for infrastructure modifications to accommodate multiple fuel types. However, the long-term cost savings and operational efficiencies offered by these engines make them a worthwhile investment for businesses in various industries, including power generation, oil and gas, and manufacturing.

What will be the size of the Gas Engine Market during the forecast period?

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The market is a dynamic and ever-evolving industry that continues to shape the global energy landscape. One notable trend in this sector is the increasing adoption of advanced technologies to enhance engine efficiency and reduce emissions. For instance, the use of dual fuel engines, which operate on both gas and liquid fuel, has gained traction due to their ability to provide cost savings and improved environmental performance. According to recent research, the market share of dual fuel engines is projected to reach 15% by 2025, up from 10% in 2020. Another trend is the integration of advanced components such as camshaft profiles, lean burn engines, and cylinder head designs to optimize fuel consumption and reduce emissions.
For example, the use of variable valve timing technology in camshaft profiles can improve engine performance by adjusting the timing of the intake and exhaust valves based on engine load and speed. Similarly, lean burn engines, which operate on a lean air-fuel mixture, can achieve up to 30% better fuel efficiency compared to conventional engines. Moreover, the use of materials such as aluminum engine blocks and high-performance piston rings has become increasingly popular in the production of four-stroke engines. These materials offer improved durability, reduced weight, and enhanced heat dissipation, leading to better engine performance and longer lifespan. In conclusion, the market is witnessing significant advancements driven by the adoption of innovative technologies and materials.
These developments are essential for companies to stay competitive and meet evolving regulatory requirements related to emissions and fuel efficiency. By investing in research and development, businesses can position themselves at the forefront of this dynamic industry and reap the benefits of improved efficiency, reduced emissions, and cost savings.

Unpacking the Gas Engine Market Landscape

The internal combustion engine market showcases ongoing advancements in engine durability and efficiency. For instance, modern engines boast a 20% increase in thermal efficiency compared to their predecessors, translating to significant cost savings for businesses through improved ROI. Moreover, specific fue

In 2024, the Egyptian gas supply meter market was finally on the rise to reach $5M after three years of decline. Overall, consumption, however, recorded a deep contraction. Gas supply meter consumption peaked at $16M in 2012; however, from 2013 to 2024, consumption remained at a lower figure.

Crude Oil Production in Egypt decreased to 486 BBL/D/1K in July from 507 BBL/D/1K in June of 2025. This dataset provides the latest reported value for - Egypt Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Egypt Domestic Production: 2001-02p: Mining: Natural Gas data was reported at 23,936.000 EGP mn in 2007. This records an increase from the previous number of 22,257.000 EGP mn for 2006. Egypt Domestic Production: 2001-02p: Mining: Natural Gas data is updated yearly, averaging 18,541.500 EGP mn from Jun 2004 (Median) to 2007, with 4 observations. The data reached an all-time high of 23,936.000 EGP mn in 2007 and a record low of 13,697.000 EGP mn in 2004. Egypt Domestic Production: 2001-02p: Mining: Natural Gas data remains active status in CEIC and is reported by Ministry of Planning. The data is categorized under Global Database’s Egypt – Table EG.A033: Domestic Production: 2001-02 Price.

Stock Price Time Series for APA Corporation. APA Corporation, an independent energy company, explores for, develops, and produces natural gas, crude oil, and natural gas liquids. It has oil and gas operations in the United States, Egypt, and North Sea. The company also has exploration and appraisal activities in Suriname, as well as holds interests in projects located in Uruguay and internationally. APA Corporation was incorporated in 1954 and is headquartered in Houston, Texas.