Q & AMiddle East & North Africa

Global Insider: Unshaken By Revolution, Egypt’s Oil and Gas Industry Faces Long-Term Challenges

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Egypt’s petroleum minister announced last week that British Gas plans to invest $3 billion to $5 billion in development projects in Egypt. In an email interview, Gawdat Bahgat, a professor of national security affairs at the National Defense University’s Near East South Asia Center for Strategic Study, discussed the state of Egypt’s oil and gas industry. WPR: Where have the events of the past two years left Egypt’s oil and gas industry? Gawdat Bahgat: Unlike its North African neighbors Libya and Algeria, Egypt has never been a major oil producing and exporting country. It is not a member of OPEC […]

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