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Monday, April 24, 2017
Egypt hopes its gas market will be balanced in 2018 and expects to begin exporting gas by 2020, EGAS chief Mohamed Al-Masry said on Wednesday at an oil conference in Cairo. Al-Masry also said 2018 will be the last year for Egypt to import gas for the domestic market.Egypt has gone from exporting energy to being a net importer as domestic output has failed to keep pace with rising demand. Al-Masry asaid BP's North Alexandria field is on a fast track and will be ahead of schedule by six months.
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