Arab News reports: KSA pledges SR 30bn Egypt aid 17/12/2015 “JEDDAH: Custodian of the Two Holy Mosques King Salman has ordered that Saudi Arabia’s aid and investment package to Egypt should be…
Category: Egypt
Egypt update: net oil importer and chokepoints
Oil production and consumption Fig 1: Oil production vs consumption After a post-peak decline production has stabilized but consumption has increased relentlessly at a long-term 1.7% pa, slightly below population growth of…
Egypt’s future crude oil import requirements for 3 population scenarios
Egypt sits on a key strategic location between North Africa and the Middle East, where almost 4 mb/d of oil transit through the Sumed pipeline and the Suez canal. Shipping firms brace…
2/3 of Egypt’s oil is gone 20 years after its peak
No matter who is ruling Egypt and for how long, this country faces a crippling energy crunch which contributes to the general dissatisfaction of the public and the accelerating changes we see…
Egypt – the convergence of oil decline, political and socio-economic crisis
Egyptian crude oil production peaked in 1995/96 and declined ever since while at the same time oil consumption increased steadily at around 3 % pa. These conflicting trends have now led to…