Energy Policy Project: Petroleum and Natural Gas in Egypt

摘要

Egypt's Energy Policy Project was designed to provide a comprehensive view of the roles of petroleum and natural gas in the Egyptian economy. The major elements and conclusions of research conducted under the project are summarized herein. Part I provides background information on the supply of and demand for petroleum and natural gas in Egypt and on recent changes in the structure of the Egyptian economy. In Part II, uses of energy in Egypt are detailed in terms of industrial uses and overall macroeconomic flows; policy issues are briefly addressed. Egyptian petroleum resources are examined in Part III, which presents the results of geological surveys of four petroliferous provinces as well as forecasts from a dynamic simulation model of the Egyptian petroleum industry; the model incorporates supply, demand, finance, and policy variables and can be disaggregated by region or actor (oil companies or the Government). In Part IV the best uses of natural gas in Egypt and the prices that should be charged for these uses are identified, while Part V presents a macroeconomic analysis of the likely effects of a rise in domestic petroleum prices. Finally, specific analyses yet to be undertaken are outlined.