Egypt Faces Decline in Natural Gas Production ...Egypt

News by : (Egyptian Streets) -
  According to data from the Joint Organizations Data Initiative (JODI), Egypt’s natural gas output in May fell to its weakest level since February 2018, a stark contrast from its previous position as a net exporter of the fuel. The drop in production has been partially attributed to operational challenges at Egypt’s largest gas field, Zohr in Port Said, where output has reportedly declined by one-third since 2019 due to issues like water infiltration. This operational setback, combined with financial liabilities owed to foreign oil companies, has hindered exploration and development efforts, further amplifying the production challenges. The country’s energy issues are compounded by a surge

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