Egypt’s Minister of Petroleum and Mineral Resources, Karim Badawi, revealed at the 40th edition of the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) that the country’s natural gas export capacity stands at 12 million tons annually. This marks a key milestone for Egypt’s energy sector, positioning the country as a growing exporter in the Mediterranean region.
In addition to its export capabilities, Badawi emphasized Egypt’s refining capacity of 40 million tons per year and its operation of over 10 petrochemical parks. These assets play a vital role in the country’s energy infrastructure, strengthening its ability to meet both domestic and international demand.
Badawi highlighted that the Egyptian government is focused on unlocking the full potential of its vast natural gas reserves in the Mediterranean. By enhancing export facilities and improving infrastructure, the government aims to increase its market presence, particularly in Europe and the West. This expansion is in line with Egypt’s strategy to diversify its energy exports and solidify its position as a key player in the global energy market.
Furthermore, Badawi stated that Egypt’s energy policy includes a focus on supplying raw materials to the petrochemical industry, in a bid to generate added value and foster industrial growth. This approach aligns with broader efforts to diversify Egypt’s economy and boost its industrial output.
The Minister also noted that 60% of Egypt’s gas production is currently allocated to electricity generation, underscoring the significant role natural gas plays in the country’s power sector. With growing demand for energy and industrial development, Egypt is positioning itself as a critical energy hub for both regional and global markets.
