March 30, 2026 • Egypt
El-Sisi Urges Trump to Stop War During Egypt International Energy Exhibition.
President Abdel Fattah el-Sisi delivers a message to the U.S. president calling for an end to the war during the Egypt International Energy Exhibition. Here is why Egypt matters:
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$6.5 Billion
E&P Investment (FY 2024/2025)
Investments in exploration and production in Egypt reached $6.5 billion during the 2024/2025 fiscal year [citation:8].
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$1.3 Billion
Planned Exploration Investment
Egypt plans to drill 101 exploratory wells in the coming year with investments of $1.3 billion [citation:8].
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7.6 Million Tonnes
Annual Fertiliser Output
Egypt has become a leading producer of fertilisers, especially urea, with an annual output exceeding 7.6 million tonnes [citation:8].
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3.2 Billion cu ft
Gas Export Agreement to Europe
Egypt reached an agreement to export approximately 3.2 billion cubic feet of natural gas to European markets for Shell and Petronas [citation:2].
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87%
Increase in LNG Import Value
The value of Egypt's LNG imports rose by 87% during the first ten months of last year compared to the same period in 2024 [citation:2].
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Net Exporter
Natural Gas Status
Egypt is a net exporter of natural gas.
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700,000 bopd
Egyptian Oil Production
Egypt produces 700,000 barrels of oil per day.
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50,000+
EGYPES 2026 Total Participants
The Egypt Energy Show 2026 welcomed more than 50,000 international participants over three days in Cairo from March 30 to April 1, 2026 [citation:12]. As stated in the EGYPES 2026 event coverage: 'The event welcomed more than 50,000 participants' [citation:12].
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500+
Exhibiting Companies at EGYPES 2026
More than 500 exhibitors across 13 dedicated country pavilions showcased technologies at the event [citation:12].
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350+
Global Speakers at EGYPES 2026
The conference program featured more than 350 global speakers, including heads of state, energy ministers, and senior policymakers [citation:12].
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120+
Participating Countries at EGYPES 2026
The Egypt Energy Show 2026 attracted participants from more than 120 countries [citation:12].
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$1.3 Billion
Egypt's Arrears to Foreign Partners (March 2026)
Egypt has reduced outstanding dues owed to international oil companies from $6.1 billion in July 2024 to approximately $1.3 billion currently, with full settlement targeted by June 30, 2026 [citation:13]. Minister Karim Badawi announced: 'arrears owed to international oil companies have been reduced from $6.1 billion in July 2024 to approximately $1.3 billion, with full settlement targeted by June 30, 2026' [citation:13].
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$8 Billion
Eni Investment Plan for Egypt
Italy's energy giant Eni announced an investment plan of about $8 billion to expand its business in Egypt over the next five years [citation:8].
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$5 Billion
bp Investment Plan for Egypt
British oil and gas company bp rolled out investment plans valued at $5 billion for Egypt [citation:8].
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$2 Billion
Arcius Energy Investment Plan
UAE-based Arcius Energy unveiled investment plans amounting to $2 billion for Egypt [citation:8].
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$4 Billion
Apache Investment in Egypt
Apache scaled operations in the Western Desert and increased its exploration areas in Egypt with total investments exceeding $4 billion [citation:8].
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660,000 bopd
EGPC Targeted Production (2026)
EGPC is targeting a major production increase of 27% in 2026, aiming for output of roughly 660,000 barrels per day to reduce Egypt's fuel import bill [citation:5].
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101 Wells
Exploratory Wells Planned for 2026
The Ministry of Petroleum and Mineral Resources plans to drill approximately 101 exploratory oil and gas wells during 2026 as part of a five-year strategy targeting more than 480 wells in various regions [citation:7][citation:8].
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66 Wells
EGPC Wells Planned for FY 2026/27
Egypt's General Petroleum Company (EGPC) plans to drill 66 wells, including 8 exploratory wells, with total investment exceeding EGP 8 billion ($167.5 million) [citation:5].
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5 Wells
Ganope Exploration Wells
Egypt's South Valley Egyptian Petroleum Holding Company (Ganope) plans to drill five exploration wells at an estimated cost of $33 million [citation:6].
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4 Wells
Valaris DS-12 Drilling Program
The drilling ship Valaris DS-12 arrived in Egypt's Mediterranean waters to drill four wells: one production well and one exploration well for BP, followed by two exploration wells for Arkeos Energy [citation:7].
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3.4 Trillion cu ft
Cronos Gas Field Recoverable Resources
The Cronos gas field in Cyprus's Block 6 has estimated recoverable resources of approximately 3.4 trillion cubic feet of natural gas [citation:9].
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310 km
Proposed Cyprus-Egypt Gas Pipeline Length
The proposed Cyprus-Egypt gas pipeline (Aphrodite-Damietta Gas Pipeline) would run approximately 310 kilometers from Cyprus's Aphrodite offshore gas field to the Damietta LNG Terminal in Egypt [citation:8].
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$800 Million-$1 Billion
Estimated Cost of Cyprus-Egypt Pipeline
The proposed natural gas pipeline from Cyprus to Egypt is estimated to cost between $800 million and $1 billion [citation:8].
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2 Million Tonnes
Mopco Urea Production Capacity
Misr Fertilizer Production Company (Mopco) operates a 2 million metric tonne per year urea plant, one of Egypt's largest fertilizer production facilities [citation:4].
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$34.7 Billion
Israel-Egypt Gas Agreement (2025)
Value of a landmark agreement signed in December 2025 for Israel to supply approximately 130 billion cubic meters (bcm) of natural gas to Egypt through 2040 [citation:5].
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2027
Cronos Gas Field Production Start Date
Production from Cyprus's Cronos gas field is targeted to commence in 2027, using Eni's existing infrastructure in Egypt for processing and exporting the gas [citation:9].
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5 Billion cu m/year
Cronos Gas Export Volume
All of Cronos field's natural gas output—approximately 5 billion cubic meters per year—will be liquefied at Egypt's Damietta terminal and exported to Europe as LNG [citation:9].
KEY QUOTES
I say to President Trump, no one can stop the war. - elSisi
I say to President Trump, no one can stop the war in our region, in the Gulf, except you. - elSisi
And I speak to you in the name of humanity and in the name of every lover of peace, and you, Your Excellency the President, are among the lovers of peace. - elSisi
I address a direct message to you in my name, in the name of the entire region, and in the name of the entire world. - elSisi
The serious repercussions of this war continuing are beyond measure. - elSisi
Please, Your Excellency the President, please help us stop the war, for you are capable of doing so. - elSisi