Egypt boosted its gas production by 12.4% on the year to a record 7.2 billion scf/d in the fiscal year 2019-20 (July-June) and is undertaking new exploration activities, the CEO of state-owned company EGAS said Sept. 20. Local consumption of gas in fiscal 2019-20, that ended June 30, reached 5.8 billion scf/d, with 60% of the commodity used to generate power, 23% in the industrial sector, 11% in the oil sector and 6% in households and cars, Magdy Galal said in a statement by the ministry of petroleum and mineral resources. Egypt’s gas fortunes turned around in 2015 when Italy’s Eni discovered the 30 Tcf supergiant Zohr field […]