Egypt Midstream Oil and Gas Industry to Grow due to Natural Gas becoming More Significant to Egypt’s Energy Future

Published Date : Feb 22, 2016

ALBANY, New York, Feb 22, 2016 - has added a new report, titled ‘Egypt Midstream Oil And Gas Industry Outlook To 2020: Market Forecasts For Liquefied Natural Gas (LNG), Oil Storage, Pipelines And Gas Processing,’ to its offering. The report highlights the current and forthcoming prospects for the midstream oil and gas industry in Egypt. The study provides data reports of the midstream oil and gas industry in Egypt with respect to the prime segments of the market. The prime segments have also been evaluated extensively on the basis of opportunity, outlook, market trend, and recent development. Moving further, the report also familiarizes the readers with the historical as well as forecast data about oil and gas with respect to consumption, production, imports, and exports in the forecast horizon from 2000 to 2020 as well as reserves for the period from 2000- 2014.

The report helps in gaining a strong understanding of Egypt’s midstream oil and gas industry and overall energy sector. In addition, the report also helps in analyzing the current developments, awarded contracts, and financial deals within Egypt’s midstream oil and gas industry. At the end of the report, an evaluation has been presented for the market attractiveness in order to explain the degree of competition between the prominent players dominant in the midstream oil and gas industry in Egypt.

The report starts by presenting the definition of the midstream oil and gas industry in Egypt. Under this section, firstly, insights have been provided on the energy sector in Egypt, followed by insights on the oil sector within Egypt. Moving further, the demand and supply dynamics of both oil and gas have been provided. As per the report, Egypt has the sixth largest oil reserves in Africa. Though Egypt isn’t a member of the Organization of the Petroleum Exporting Countries (OPEC), it is still a member of the Organization of Arab Petroleum Exporting Countries. Around half of the oil production in Egypt comes via the Gulf of Suez. The report also states that Egypt comprises a highly lucrative local market for the multinational companies operating in the oil and gas market in the region.

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In the next section of the report, the study presents details on operational status, name, operator, and type for all planned and active liquefied natural gas (LNG) terminals, key trunk pipelines, oil storage terminals, and gas processing plants within Egypt. Moving further, financial deals, the latest awarded contracts, and recent development in Egypt’s midstream sector have also been presented in this report. The report also states that natural gas is poised to become more significant to Egypt’s energy future in the coming years owing to the fact that there are a number of reserves of natural gas having strong potential within this nation.

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