Over the last four years, major and rapid developments have been taking place in Egypt’s natural gas market to reverse the country’s indigenous gas production decline and manage its unabated gas demand growth. In this podcast David Ledesma interviews Mostefa Ouki, Senior Research Fellow at the Institute, to discuss the Egyptian gas market. BY: OXFORD INSTITUTE FOR ENERGY STUDIES (OIES)
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This issue of the Oxford Energy Forum looks at the future of gas from different perspectives. Future development of decarbonised gases – biogas, biomethane and hydrogen – and the consequences for gas networks.
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Liquefied natural gas (LNG) developers and natural gas producers have depended on third parties to create demand for their product. In recent years, LNG market prices have dropped in response to a surge in supplies and roughly two million tons of LNG contracts are set to expire in the next 10 years. Promising new LNG projects cannot be financed and have stalled.
Read MoreIn 2015, Egypt became a net gas importer. This unfortunate, but not unexpected, situation was the result of a decline in Egypt’s indigenous natural gas production combined with a rapidly rising domestic gas demand driven mainly by large energy price subsidies.
Read MoreThe following article by Henrik Poulsen, SVP Government Relations, and Bimbola Kolawole, Business Development Manager Africa, Rystad Energy, was originally published by Rystad Energy on October 19, 2017. This article discusses in further detail the East African potential to become a significant international LNG supplier, the outlooks of the Asian LNG markets and finally share some aspects on the future fate of natural gas as a primary energy source.
Read MoreThe expectation of an oversupplied gas market up to the mid-2020s has put natural gas demand back on the radar. This edition of the Oxford Energy Forum is dedicated to gas demand outlook in various regions of the world, with the starting point being the open question on whether, when, where and, eventually, at what price there will be sufficient demand to absorb the coming LNG wave.
Read MoreElectricity Lamposts (image by Reuters) Never before has the intersection of energy, technology and policy been more important. From China’s announcement earlier this year that the nation will spend $360 billion through 2020 on renewable power sources like solar and wind, to Indian Prime Minister Modi’s goal to electrify all villages in India by 2019, shifts in global energy markets are being felt around the world.
Read MoreThe statements, opinions and data contained in the content published in Global Gas Perspectives are solely those of the individual authors and contributors and not of the publisher and the editor(s) of The Mozambique Resources Post. The following is the executive summary of a working paper originally published by the Center on Global Energy Policy in June 2017. For a century, the geopolitics of energy has been synonymous with the geopolitics of oil and gas. However, geopolitics and the global energy…
Read MoreInternational trade in natural gas dates back to the middle of the 20th century, and the globalization of the gas market began in the 1960s. Large-scale investments were initiated then, involving two parallel distribution channels: export and import gas pipelines, and LNG terminals. The discovery of new sources of natural gas, often in regions far away from the main routes of natural gas supply via pipelines, plus the development of sea transport of LNG, led…
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