The country increased production, and covered the own needs.
Egypt has refused to import gas – extraction of blue fuel in the country has reached a level of self-sufficiency. This was stated by the Minister of petroleum and mineral resources of Egypt, Tariq al-Mulla, informs Rus.Media.
It is reported that the production of its own natural gas in September in Egypt, reached the level of 6.6 billion cubic feet (0.18 billion cubic meters) per day, while in June it amounted to 6 billion cubic feet (0.16 billion cubic meters) per day.
The plans for Egypt to become a regional hub for trade in liquefied natural gas. Over the last few years in the country were discovered major deposits, including offshore gas field ez-Zohr, with estimated reserves of 30 trillion cubic feet of gas.
By the way, Ukraine also plans to abandon the import of gas. The Cabinet believes that Ukraine will be able to export its own gas. According to government forecasts, this will happen before 2020.
In 2017, the country produced more than 20 billion cubic meters of blue fuel. According to estimates of the Cabinet to refuse to import gas to Ukraine should start to produce 27 billion cubic meters of gas annually.