According to McKinsey’s ‘Global gas outlook to 2050’ report, gas will be the strongest-growing fossil fuel and will increase by 0.9% from 2020 to 2035.
As Africa’s second-largest producer in 2019, Egypt is expected to become one of the world’s leading 10 exporters of LNG (liquefied natural gas) by the end of this year. Its transnational pipelines are also a major asset, connecting the country to Jordan, Israel and stretching out to Europe. What has pushed this boom? How is Egypt managing its export infrastructure?
Egypt has come a long way. Natural gas production had been steadily growing – reaching 62.7bn cubic meters (Bcm) by 2009.