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Reports indicate that the Egyptian government aims to increase its natural gas production to 2,200 billion cubic feet by 2030, following the launch of new projects that have increased its potential output by 48%. It also seeks to boost reserves to 93 trillion cubic feet by 2026. A strategic project worth $20 billion has been launched to enhance gas extraction capabilities, expected to contribute to an annual growth rate of up to 2.28% and to add 90 billion cubic meters of gas annually. This move is part of the government's plan to rely more on domestic gas resources and achieve energy self-sufficiency.
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