Energy Information Administration – Egypt country analysis brief

by Sabrina I. Pacifici on August 1, 2012

Country Analysis Brief: “Egypt is the largest oil producer in Africa that is not a member of the Organization of Petroleum Exporting Countries (OPEC), and the second largest natural gas producer on the continent, following Algeria. Egypt also plays a vital role in international energy markets through the operation of the Suez Canal andSuez-Mediterranean (SUMED) Pipeline, important transit points for oil and liquefied natural gas (LNG) shipments from African and Persian Gulf states to Europe and the Mediterranean Basin. Fees collected from operation of these two transit points are significant sources of revenue for the Egyptian government.”

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