Egypt’s gas enthusiasm fires Energean
The North African country’s appetite for molecules bodes well for future attractiveness
UK-listed Energean is a relative newcomer to the Egyptian upstream, having gained entry through the acquisition of the E&P assets of Italian utility Edison in 2019. But the firm’s country manager for Egypt, Nicolas Katcharov, is an older hand, having joined Edison’s Egyptian arm a couple of years earlier. And what has struck him in his half-decade is Cairo’s enthusiasm for the oil and gas sector, he tells Petroleum Economist, in stark contrast to the attitude to hydrocarbons in certain other jurisdictions. And it is this symbiotic combination of domestic demand for energy and government willingness to facilitate production that convinces him, despite ongoing challenges in the country, th

Also in this section
30 May 2025
Energy majors argue transition debate has started to factor in the complexities of demand shifts and the wider role for gas
29 May 2025
Sovereignty is the watchword for the new government, but there are still upstream opportunities for those willing to work closely with the state
29 May 2025
A cautious approach to coal-to-gas switching offers lessons to others who are looking to balance cost with cleaner energy
28 May 2025
The country may have the resources, but sanctions and a lack of market access make its gas ambitions look very questionable