A combination of stagnant production and rapidly increasing domestic consumption means that Egypt is set to become a net importer of natural gas in the near future. Support from the Gulf should help to mitigate the impact of lower gas export revenues in the near-term. But, over a longer horizon, subsidy reform and improvements to the business environment would help to raise gas exports and place Egypt’s external position on a more sustainable footing.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services