Wednesday January 18, 2017
Mohamed Ayyad
Gas self-sufficiency to be achieved by end of 2019, says prime minister
Prime Minister Sherif Ismail called on the Minister of Petroleum to quickly complete the development projects of discovered fields in order to increase the local production of crude oil and gas, and relieve the pressure on foreign exchange resources.
During his visit to the Petroleum Ministry on Wednesday, Ismail said that Egypt will achieve natural gas self-sufficiency by the end of 2019. The prime minister stressed the importance of intensifying exploration and research works during the upcoming phase.
Ismail also stressed the importance of delivering natural gas to homes as this would improve the services offered to citizens and provide the necessary amount of butane, 50% of which is imported.