Egypt sees uptick in gas, fertiliser, mining – minister

Egypt’s natural gas production is climbing again after four challenging years, driven by foreign investment incentives and timely payments to partners, Petroleum Minister Karim Badawy said Monday in an open meeting with Egyptian media.

The increase helped Egypt avoid an estimated $3.5 billion in fuel imports last fiscal year, he added, noting that coordinated efforts across ministries, parliament, and field staff played a key role.

“All current and future gas needs are fully secured,” Badawy said, highlighting a comprehensive liquefied natural gas (LNG) import system—including regasification ships and supporting infrastructure—that ensures supply for electricity and industrial sectors.

The ministry is prioritising continued growth in domestic production, backed by investment incentives and advanced technology, to provide flexible solutions against potential disruptions.

On the mining sector, Badawy said Egypt is entering a new phase following recent reforms. The Mineral Resources Authority, now an economic body, will carry out the first nationwide aerial survey of mineral resources in 40 years to provide data for investment in rare minerals and curb unregulated gold exploration.

He also emphasised coordination with other ministries on fertiliser production, where natural gas is the primary raw material.

Badawy concluded by pledging that open meetings with media representatives would continue, underscoring the ministry’s focus on transparency and engagement.

Attribution: Amwal Al Ghad English