Egypt gas flaring map

Cash-strapped Egypt loses badly needed revenue from gas flaring


In depth
Issue 475 - 21 Dec 2022 - By John Hamilton | 4 minute read

Egyptian oil and gas producers are foregoing an estimated $4.5bn a year of revenues by flaring gas rather than putting it to use – 50% more than the $3bn financing deal recently agreed between Cairo and the IMF. International companies are putting in place projects to deal with the problem, but a lot more needs to be done.

 

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