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SAT press releases: Egypt LNG Market to Reach 4.5 MMT by 2025: Says TechSci Research Report

Growing demand for electricity and rising application in various industries is expected to boost demand for LNG in Egypt during 2016-2025.
16.02.17 | Interesting article at SAT press releases

According to TechSci Research report “Egypt LNG Market Demand & Supply Analysis, By Region, By Application, By LNG Terminal, Competition Forecast and Opportunities, 2011-2025,” LNG market in Egypt is projected to surpass 4.5 MMT by 2025, due to rising demand from power and industrial sectors in the country. Production of dry natural gas in Egypt declined at a CAGR of 7.17% during 2011-2015. Thus, imports of LNG in the country increased during 2011-2015, and this trend is further anticipated to continue during the forecast period as well. Ministry of Electricity announced capacity addition of 2.25 GW in August 2016, with an investment of USD2.2 billion. Therefore, growing demand for electricity and rising application in various industries is expected to boost demand for LNG in Egypt during 2016-2025.


In 2015, Greater Cairo Region dominated LNG market in Egypt owing to growing demand for power and rapid industrialization in the region. Moreover, this region receives LNG supply from Ain-Sokhna (Offshore)-BW Singapore and Ain-Sokhna (Offshore)-Hoegh Gallant terminals. Power sector garnered highest market share in Egypt LNG market over the past few years, and the sector is anticipated to continue dominate the market during the forecast period as well. Expanding residential and commercial sectors across the country are the major factors fueling demand for LNG from the power sector in Egypt.