Egypt and Libya target increased natural gas production

Egypt and Libya are both implementing strategies to significantly increase their natural gas production capacities to bolster domestic supplies and attract international investment.

In Egypt, the Egyptian Natural Gas Holding Company (EGAS) aims to add approximately 330 million cubic feet per day (cf/d) of domestic gas production by the end of 2026. This follows the settlement of $6.1 billion in arrears owed to international energy partners, a move intended to restore investor confidence. Key targets include 250 million cf/d from the Zohr and West Mina fields in the Mediterranean, and 80 million cf/d from the Meleiha fields in the Western Desert. EGAS also plans to drill 16 exploration wells during the current fiscal year.

Libya has announced plans to raise its natural gas production to at least 4 billion cubic feet per day within the next three to five years. Oil and Gas Minister Khalifa Abdulsadek stated that the country is leveraging existing discoveries to meet this goal. Ongoing projects include the Sabratha Compression Project, a collaboration between Eni and the National Oil Corporation (NOC) to support the Bahr Essalam offshore field. These efforts aim to secure domestic electricity generation and increase export volumes via the Greenstream pipeline to Italy.