review · Energy Reports
The global shift away from carbon-intensive fuels creates uncertainty for energy security, affordability, and environmental targets. This transition directly affects Egypt, which seeks to establish itself as a liquefied natural gas export hub. An examination of international natural gas markets indicates that expanding export share into Europe will present challenges. In contrast, Asian markets represent the most promising destinations for future Egyptian gas shipments. Alongside export strategies, managing domestic emissions remains crucial. Upstream natural gas emissions in Egypt can be mitigated through three key operational actions: curbing flaring and venting activities, enhancing well integrity management, and establishing formal regulations for the abandonment of mature wells. These interventions align gas production with broader decarbonisation requirements while responding to shifting patterns in regional and global energy demand.
Global decarbonisation efforts are reshaping energy trade, forcing gas-producing nations to reconsider their export targets and operational standards. Understanding shifting demand between European and Asian markets helps policymakers balance economic development with environmental commitments. Furthermore, practical measures to lower upstream extraction emissions ensure that transitional fossil fuels maintain a lower environmental impact during the transition to cleaner energy systems.
The findings offer market and operational guidance for energy policymakers, gas exporters, and upstream service operators. Market assessments can immediately inform commercial export targeting toward Asian buyers. Additionally, proposed interventions such as flare reduction, well integrity monitoring, and regulated well decommissioning represent applied operational measures that commercial gas operators can integrate into existing field operations to decrease environmental liabilities and meet emerging regulatory standards.
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The energy sector is the most greenhouse gas (GHG) emitting sector which is transitioning away to using less carbon-intensive fuels. The highlights the complexity of energy systems as well as the uncertainty surrounding the transition path, as governments must ensure not only environmental issues but also energy security and affordability. The energy transition away from oil and gas has implications for Egypt, which recently declared intentions to become a liquefied natural gas (LNG) export hub. Under these goals, the analysis of the existing status of global natural gas markets by focusing on natural gas importer countries in the European and the Asian markets by investigating natural gas demand in the context of the energy transition. The study investigates the links between economic growth, carbon emissions, and energy intensity to highlight the dependency of the economy on carbon-intensive energies to enhance the economic growth in Egypt, Europe, and Asia along with global energy pathways forecast the global and regional demand of natural gas. According to the findings, Egypt is expected to face difficulties in boosting its export share in the European market while the most promising destinations for future Egyptian natural gas exports are Asian countries. The study contextualizes the framework, which suggests the ways to reduce emissions in the gas upstream sector in Egypt by three actions; reducing flaring and venting operations, improving well integrity management, and regulating the abandonment of old wells.
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DOI: 10.1016/j.egyr.2022.05.034
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