An Economic Outlook on Egypt’s Oil & Gas Industry Performance

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RESEARCH & ANALYSIS

AN ECONOMIC OUTLOOK ON EGYPT’S OIL & GAS INDUSTRY PERFORMANCE BY AMINA HUSSEIN, REHAM GAMAL, AND TASNEEM MADI

PETROLEUM EXTRACTIONS GDP

Average Share of Oil & Gas Extractions in Petroleum Sector GDP*

1. PETROLEUM EXTRACTIONS GDP OVER FYS (2019/20-2020/21) GDP (EGP billion)

57%

*Includes Oil & Gas Extractions & Petroleum Refining

PETROLEUM EXTRACTIONS GDP AMONG OTHER SECTORS Total

Average

659

329

Ranking (out of 11)

Share in Total GDP

6

5.7%

th

PETROLEUM EXTRACTIONS GDP PER SECTOR (EGP billion) Public

2. NATURAL GAS EXTRACTIONS GDP OVER FYS (2019/20-2020/21)

Private

287

278

GDP (EGP billion)

326

Total

163

Average

48

46

NATURAL GAS EXTRACTIONS GDP BY SECTOR Crude Oil

Natural Gas

85% Total

Crude Oil

333

20 | EGYPT OIL & GAS NEWSPAPER

Natural Gas

326

Public

15%

Private


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