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1. Explain the relationship between Egypt's natural gas production and consumption during 2002.

User TimD
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5 votes

Final answer:

The relationship between Egypt's natural gas production and consumption in 2002 would involve the balance between production capabilities and energy needs, influenced by factors such as industrial demand, electricity generation needs, resource availability, and market trends.

Step-by-step explanation:

The relationship between Egypt's natural gas production and consumption in 2002 could be characterized by examining the balance between the country's domestic production capabilities and its domestic energy needs. As a typical pattern seen in energy production and consumption dynamics, a nation's efforts to harness natural gas are usually influenced by its industrial demand, the need for electricity generation, and the availability of resources.

While the provided references focus mainly on the U.S. natural gas market, similar forces likely influenced Egypt's natural gas sector in 2002. Specifically, the increases in natural gas prices would have made it more economical for countries like Egypt to extract gas from available resources, which could also contribute to the country’s energy security by reducing the need for energy imports. If production exceeded consumption, Egypt might have the potential to become a net exporter of natural gas, benefiting its economy.

In the United States, regulatory concerns about carbon emissions and the growth of shale gas production have played a significant role in shaping the natural gas market. Similarly, Egypt’s natural gas market in 2002 might have been influenced by global market trends, technological advancements in extraction methods, and the nation's policies regarding energy and environmental concerns.

User BFreeman
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3 votes

Answer:

Answered below

Step-by-step explanation:

In the 1990s, discoveries in natural gas had given it more importance as an energy source in Egypt. The Egyptian natural gas reserves were estimated at 66 trillion cubic feet as at 2005. Significant deposits of natural gas have been discovered in the Nile Delta and western desert areas of Egypt and domestic consumptions had risen as a result of power plants converting from thermal sources for production, to natural gas. Egypt's natural gas is exported through the Arab gas pipeline to the middle East. The Egyptian LNG produce and export natural gas as liquefied natural gas.

Several other production companies include the middle delta, Cairo, east delta, upper Egypt, West delta and hydro plant electricity production companies. In the early 2000s power production and distribution capacity were decreased by 20% due to increased demand.

User Kees Van Dieren
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