Egypt can regain the status of a net gas exporter by 2020

By 2020, Egypt can again become a net exporter of gas and liquefied natural gas, which is facilitated by the rapid increase in production at Zohr and West Nile Delta key projects. However, as Global Gas Analysis notes in its review, to become a regional hub in the coming years, Cairo is hampered by geopolitical, logistical and technological problems. Experts point out that two LNG plants with an aggregate capacity of 12 million 200 thousand tons per year, which are significantly underutilized, makes Egypt the potential candidate for the role of gas hub. Also, the growing interest of Western companies such as Shell and ExxonMobil, to oil and gas sites in the Mediterranean Sea in the waters of Egypt, Cyprus and Israel also speaks well for Egypt's desire to become a regional gas hub.

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