Egypt, a future gas supplier to the European Union?
New paper of Jan Mazač and Lukáš Tichý from the IIR's Centre for Energy Policy focuses on possible energy cooperation of the EU and Egypt.
The main objective of the external dimension of the EU energy policy in line with the Energy Union strategy is primarily to ensure energy security by diversifying external energy supplies, transport routes and suppliers, mainly in the gas domain.
Egypt’s recent offshore and onshore gas discoveries increased its natural gas reserves estimate. Its natural gas production is thus expected to double in 2020 and transform the country back into a gas supplier in the eastern Mediterranean region.
The European Union (EU) should thus strengthen its relations with Egypt to allow its gas production to reach European markets.
Nahoru
Tomáš Profant