{"id":669161,"date":"2025-07-29T00:00:00","date_gmt":"2025-07-29T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/07\/29\/govt-looks-to-increase-recoverable-gas-stocks-15-over-fy-2025-26\/"},"modified":"2025-07-29T00:00:00","modified_gmt":"2025-07-29T00:00:00","slug":"govt-looks-to-increase-recoverable-gas-stocks-15-over-fy-2025-26","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/07\/29\/govt-looks-to-increase-recoverable-gas-stocks-15-over-fy-2025-26\/","title":{"rendered":"Gov\u2019t looks to increase recoverable gas stocks 15% over FY 2025-26"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>The<\/strong><strong> govern<\/strong><strong>ment is working to increase local gas stocks by more than 15% y-o-y in the <\/strong><strong>current <\/strong><strong>fiscal year<\/strong>, pushing up the country\u2019s total field reserves by some 300 bn cubic feet to 2.2 tn cubic feet of recoverable natural gas, <a target=\"_blank\" href=\"https:\/\/www.alarabiya.net\/aswaq\/exclusive\/2025\/07\/28\/%D9%85%D8%B5%D8%B1-%D8%AA%D8%B3%D8%AA%D9%87%D8%AF%D9%81-%D8%A7%D8%B6%D8%A7%D9%81%D8%A9-22-%D8%AA%D8%B1%D9%8A%D9%84%D9%8A%D9%88%D9%86-%D9%82%D8%AF%D9%85-%D9%85%D9%83%D8%B9%D8%A8%D8%A9-%D9%84%D9%85%D8%AE%D8%B2%D9%88%D9%86-%D8%A7%D9%84%D8%BA%D8%A7%D8%B2-%D8%AE%D9%84%D8%A7%D9%84-2025-2026\" style=\"\" rel=\"noopener\">Al Arabiya<\/a> reports, citing an unnamed government official. Three international companies are currently stimulating wells in the region, aiming to lift production and reserves by 10-15% annually, the source added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">(<strong>Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Domestic gas reserves and production are up, though likely not by enough to keep pace <\/strong><strong>with rising energy demand<\/strong>, which <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid02HzgJEBbtdMyR1EHSFJteP7giPCjEMzNbCSNtJf2An2LQubBXMqiVMwAeH8ANw8Y4l\" style=\"\" rel=\"noopener\">hit an all-time high of 39.4 GW on Sunday<\/a>, surpassing the previous record, set only the day before. Summer demand is expected to peak at 7.5 bn cubic feet a day (bcf\/d) in July and August, leaving the country with a 3.0 bcf\/d supply gap to be filled with LNG imports or piped Israeli gas, according to industry publication <a target=\"_blank\" href=\"https:\/\/www.mees.com\/2025\/7\/18\/oil-gas\/new-egypt-gas-increments-slow-output-declines\/c52ae0c0-63d6-11f0-9f7e-8b065269459d\" style=\"\" rel=\"noopener\">Middle East Economic Survey (Mees)<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong> Following a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/454b221a-69a5-4435-864e-86f3fc55f90e\/government-pledges-to-end-power-cuts-by-third-week-of-july-with-usd-1.2-bn-set-aside-for%253cmark%253e-energy%253c%2Fmark%253e-imports-and-other-initiatives\" style=\"\" rel=\"noopener\"><\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/454b221a-69a5-4435-864e-86f3fc55f90e\/government-pledges-to-end-power-cuts-by-third-week-of-july-with-usd-1.2-bn-set-aside-for%253cmark%253e-energy%253c%2Fmark%253e-imports-and-other-initiatives\" style=\"\" rel=\"noopener\">costly few months<\/a> of energy imports to bridge the gap between local production and demand, the Oil Ministry has been working to increase local energy production in 2025. We <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/ff499c68-c936-4613-8b6a-24917615878c\/gov%25e2%2580%2599t-set-to-pay-usd-1-bn-in-arrears-to-foreign-energy-firms-next-month\" style=\"\" rel=\"noopener\"><\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/ff499c68-c936-4613-8b6a-24917615878c\/gov%25e2%2580%2599t-set-to-pay-usd-1-bn-in-arrears-to-foreign-energy-firms-next-month\" style=\"\" rel=\"noopener\">reported in February<\/a> that the government is planning to clear all arrears owed to international oil companies by the end of 2025.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Adding to the hoped-for increase in local production and gas reserves is Shell\u2019s <\/strong><strong>investments in its Mediterranean concessions<\/strong>, which will see the company funnel USD 160 mn into drilling exploratory wells in the North East Amriya and North Cleopatra concessions in 2H 2026, <a target=\"_blank\" href=\"https:\/\/asharqbusiness.com\/power\/91691\/%D8%B4%D9%84-%D8%AA%D8%AD%D9%81%D8%B1-%D8%A8%D8%A6%D8%B1%D9%8A-%D8%BA%D8%A7%D8%B2-%D8%A8%D8%A7%D9%84%D8%A8%D8%AD%D8%B1-%D8%A7%D9%84%D9%85%D8%AA%D9%88%D8%B3%D8%B7-%D9%81%D9%8A-%D9%85%D8%B5%D8%B1-%D8%A7%D9%84%D8%B9%D8%A7%D9%85-%D8%A7%D9%84%D9%85%D9%82%D8%A8%D9%84\/\" style=\"\" rel=\"noopener\">Asharq Business<\/a> reports separately, citing an unnamed government official.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Italian energy giant Eni is also aiming to add some 60 mcf\/d of new gas output from the <\/strong><strong>Zohr field next month<\/strong>, as the company brings its Zohr 13 well online, <a target=\"_blank\" href=\"https:\/\/asharqbusiness.com\/power\/91685\/%D8%A5%D9%8A%D9%86%D9%8A-%D8%AA%D9%86%D8%AA%D8%AC-60-%D9%85%D9%84%D9%8A%D9%88%D9%86-%D9%82%D8%AF%D9%85-%D8%BA%D8%A7%D8%B2-%D8%AC%D8%AF%D9%8A%D8%AF%D8%A9-%D9%8A%D9%88%D9%85%D9%8A%D8%A7-%D9%85%D9%86-%D8%AD%D9%82%D9%84-%D8%B8%D9%87%D8%B1-%D8%A7%D9%84%D9%85%D8%B5%D8%B1%D9%8A\/?utm_source=facebook&utm_medium=social&utm_campaign=asharq_business_egy_fb\" style=\"\" rel=\"noopener\">Asharq Business<\/a> reports, citing an unnamed government official. The added volumes could provide a lift to our largest gas field \u2014 which has seen its <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/d01f7163-650a-4f88-8f14-96f432ae2aff\/\" style=\"\" rel=\"noopener\">output fall to around 1.4 bcf\/d<\/a> down from 1.5 bcf\/d at the start of the year, the official said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Although stocks and production are expected to rise, so is demand<\/p>\n","protected":false},"author":1,"featured_media":669162,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7207],"tags":[93,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-669161","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","tag-energy","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"a5f1b506-9c12-48a3-bdd5-1836e7f250ab","order":"6","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/10\/2107.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Egypt looks to increase recoverable gas stocks 15% over FY 2025-26","related_issue":[669151],"teaser":"Although stocks and production are expected to rise, so is demand","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/7\/.411380a2-0152-4e1d-958f-42dc4c58d633.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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