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Survey of Energy Resources 2007

Natural Gas Country Notes

Egypt ( Arab Republic )

Proved recoverable reserves (bcm)

1 894

Production (net bcm, 2005)

42.5

R/P ratio (years)

42.9

Year of first commercial production

1964


Proved reserves are the third largest in Africa, having risen 14% since the 2004 Survey, according to the latest data reported by the Egyptian WEC Member Committee. There is general agreement amongst the standard published sources on a level of around 1 894 bcm, with the exception of Oil & Gas Journal, which quotes 1 657 (unchanged at end-2006). Since the end of 2000, Egypt's gas reserves have exceeded those of its neighbour Libya. About 92% of its reported reserves are non-associated with crude oil.

The major producing area is the Mediterranean Sea region (mostly from offshore fields), although output of associated gas from a number of fields in the Western Desert and the Red Sea region is also important.

Marketed production has grown steadily in recent years and is now the second largest in Africa. The main outlets at present are power stations, fertiliser plants and industrial users such as the iron and steel sector and cement works.