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Egypt
Country Analysis Briefs
Profile
Country Overview
Chief of State Mohammed Hosni Mubarak (since October 1981)
Head of Government Ahmed Nazif (since July 2006)
Location Northern Africa, bordering the Mediterranean Sea, between Libya and the Gaza Strip, and the Red Sea north of Sudan, and includes the Asian Sinai Peninsula
Independence 28 February 1922 (from UK)
Population (2006E) 78.9
Languages Arabic (official), English and French widely understood by educated classes
Religion Muslim (mostly Sunni) 94%, Coptic Christian and other 6%
Ethnic Group(s) Eastern Hamitic stock (Egyptians, Bedouins, and Berbers) 99%, Greek, Nubian, Armenian, other European (primarily Italian and French) 1%
Economic Overview
Currency/Exchange Rate (6/29/06) Egyptian Pound (LE) / LE 5.7 = $1 U.S.
Inflation Rate (2005E) 4.3%
Gross Domestic Product (GDP, 2005E) $92.6 Billion
Real GDP Growth Rate (2005) 4.9%
Unemployment Rate (2005) 10%
External Debt (2005E) $28.95 Billion
Exports (2005E) $14.33
Exports - Commodities crude oil and petroleum products, cotton, textiles, metal products, chemicals
Exports - Partners (2004E) Italy 13.1%, US 11.6%, UK 7.5%, Germany 5.1%, Spain 4.5%, France 4.2%
Imports (2005E) $24.1 Billion
Imports - Commodities machinery and equipment, foodstuffs, chemicals, wood products, fuels
Imports - Partners (2004E) US 13.2%, Germany 7.2%, Italy 7.1%, France 6.1%, China 5.5%, UK 4.9%, Saudi Arabia 4.4%
Current Account Balance (2005E) 2.9 Billion
Energy Overview
Proven Oil Reserves (January 1, 2006E) 3.7 billion barrels
Oil Production (2006E) 684 thousand barrels per day, of which 81% was crude oil.
Oil Consumption (2005E) 595.5 thousand barrels per day
Crude Oil Distillation Capacity (2006E) 726.3 thousand barrels per day
Proven Natural Gas Reserves (January 1, 2006E) 58.5 trillion cubic feet
Natural Gas Production (2004E) 1.1 trillion cubic feet
Natural Gas Consumption (2004E) 1.1 tillion cubic feet
Recoverable Coal Reserves (2003E) 23.1 million short tons
Coal Production (2003E) 0.1 million short tons
Coal Consumption (2003E) 1.2 million short tons
Electricity Installed Capacity (2003E) 17.7 gigawatts
Electricity Production (2003E) 84.3 billion kilowatt hours
Electricity Consumption (2003E) 78.2 billion kilowatt hours
Total Energy Consumption (2003E) 2.3 quadrillion Btus*, of which Oil (50%), Natural Gas (41%), Hydroelectricity (6%), Coal (1%), Nuclear (0%), Other Renewables (0%)
Total Per Capita Energy Consumption (2003E) 32.3 million Btus
Energy Intensity (2003E) 9,212.9 Btu per $2000-PPP**
Environmental Overview
Energy-Related Carbon Dioxide Emissions (2003E) 135.2 million metric tons, of which Oil (58%), Natural Gas (40%), Coal (2%)
Per-Capita, Energy-Related Carbon Dioxide Emissions (2003E) 1.9 metric tons
Carbon Dioxide Intensity (2003E) 0.5 Metric tons per thousand $2000-PPP**
Environmental Issues agricultural land being lost to urbanization and windblown sands; increasing soil salination below Aswan High Dam; desertification; oil pollution threatening coral reefs, beaches, and marine habitats; other water pollution from agricultural pesticides, raw sewage, and industrial effluents; very limited natural fresh water resources away from the Nile which is the only perennial water source; rapid growth in population overstraining the Nile and natural resources
Major Environmental Agreements party to: Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Environmental Modification, Hazardous Wastes, Law of the Sea, Marine Dumping, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands signed, but not ratified: none of the selected agreements
Oil and Gas Industry
Organization
Major Oil/Gas Ports Alexandria, Port Said, Sidi Kerir, Ras Shukheir, Suez, Ain Sukhna
Foreign Company Involvement Apache, British Gas, BP-Amoco, Deminex, TotalFina-Elf, ENI-Agip, Exxon-Mobil, Marathon, Norsk Hydro, Novus, Repsol, Royal Dutch Shell, Samsung, Texaco
Major Oil Fields (production, bbl/d) Belayim Marine (164,000 bbl/d), October (85,000 bbl/d), Khalda (71,000 bbl/d), Morgan (40,000 bbl/d), Qarun (25,000 bbl/d), Ashrafi (16,000 bbl/d)
Major Natural Gas Fields (production, Bcf/d) Abu Madi, Abu Qir/North Abu Qir, Shukheir, Badreddin
Major Pipelines (capacity, Mmcf/d) Sumed pipeline (3.1 million bbl/d)
Major Refineries (capacity, bbl/d) Cairo Petroleum Refining Company -- Mostorod (145,000 bbl/d), Tanta (54,000 bbl/d); El-Nasr Petroleum Company - Suez (146,300 bbl/d), Wadi Feran (10,000 bbl/d); Alexandria Petroleum Company - El Mex (115,000 bbl/d); Ameriya Petroleum Refining Co. (78,000 bbl/d); Suez Oil Processing Company - Suez (66,400 bbl/d); Assiut Petroleum Refining Co. (47,000 bbl/d); Middle East Oil Refinery (MIDOR) (100,000 bbl/d).
* The total energy consumption statistic includes petroleum, dry natural gas, coal, net hydro, nuclear, geothermal, solar, wind, wood and waste electric power. The renewable energy consumption statistic is based on International Energy Agency (IEA) data and includes hydropower, solar, wind, tide, geothermal, solid biomass and animal products, biomass gas and liquids, industrial and municipal wastes. Sectoral shares of energy consumption and carbon emissions are also based on IEA data.
**GDP figures from OECD estimates based on purchasing power parity (PPP) exchange rates.

Country Analysis Briefs

July 2006
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