WAM
26 Sep 2022, 05:57 GMT+10
CAIRO, 25th September, 2022 (WAM) -- Egypt has seen an unprecedented leap in its natural gas export revenues, which have increased 13-fold over the past eight years, according to a report issued on Sunday the Cabinet's Information and Decision Support Centre (IDSC).
Egypt's natural gas and liquified natural gas (LNG) export revenues reached $8 billion in the fiscal year 2021/2022, up from $0.6 billion in 2013/2014, according to the report.
Egypt has quadrupled its exports of LNG and natural gas over the past eight years from 1.9 million tonnes to 7.2 million tonnes. In the same period, Egypt signed 108 agreements with international companies for the excavation of gas and petrol with a minimum investment value of $22 billion.
Egypt's production has reached 69.2 billion m3 in 2021/2022 compared to 41.6 billion m3 in 2015/2016, a growth of 66.3 percent, the report read.
Get a daily dose of Iraq Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Iraq Sun.
More InformationWASHINGTON, DC - U.S. President Donald Trump on Monday said he believed God was behind his election loss in 2020, even though he has...
NEW YORK CITY, New York: Passenger numbers at Newark Liberty International Airport in New Jersey have dropped sharply, according to...
BRUSSELS, Belgium: European Union antitrust regulators are examining fees imposed by payment giants Visa and Mastercard, Bloomberg...
WASHINGTON, D.C.: The U.S. Army plans to change the records of transgender soldiers to list only their sex at birth, according to a...
WASHINGTON, D.C.: The Federal Aviation Administration (FAA) said this week that it will require airlines to reduce the number of flights...
GAZA - The home of a doctor working in the emergency room at the Nasser Medical Complex in southern Gaza was struck by Israel Air...
GAZA - The home of a doctor working in the emergency room at the Nasser Medical Complex in southern Gaza was struck by Israel Air...
Doha [Qatar], May 27 (ANI): The all-party delegation led by NCP-SCP MP Supriya Sule departed from Doha to South Africa's Johannesburg...
DUBAI, 27th May, 2025 (WAM) -- The UAE has secured the top global ranking in the telecommunications infrastructure index, the institutional...
Kuwait City [Kuwait], May 27 (ANI): An all-party delegation led by BJP MP Baijayant Panda met with the Indian diaspora in Kuwait, highlighting...
Doha (Qatar), May 27 (ANI): Former Minister of State for External Affairs V Muraleedharan, during an interaction with the Indian diaspora...
Kuwait City [Kuwait], May 27 (ANI): All India Majlis-e-Ittehadul Muslimeen (AIMIM) MP Asaduddin Owaisi, who is part of the all-party...