Natural Gas Liquids production in Egypt has seen significant fluctuations over the years. In 2013, production was at 66.74 thousand barrels per day. This figure experienced a sharp decline in 2014, falling by 29.51% year-on-year. Production rebounded in 2015 to 64.23 thousand barrels per day, but from 2016 onwards, it saw a general downward trend, notably dropping by 20.63% in 2020. By 2023, production stood at 45.3 thousand barrels per day, reflecting a marginal increase of 1.81% from the previous year. Over the last five years, the Compound Annual Growth Rate (CAGR) was -4.7%. Forecasts for 2024 onward suggest a stabilizing trend with minor annual increases, leading to a modest five-year CAGR of 0.14% by 2028.
Future Trends to Watch For:
- Technological advancements in extraction and processing.
- Government policies and their impact on energy sector investments.
- Global demand fluctuations and their effect on export markets.
- Environmental regulations and their influence on production capacities.
