Cairo: Egypt's petroleum sector has experienced a significant transformation since the June 30 Revolution, evolving from a period of declining production and increasing debts to becoming a central force in driving investment and ensuring energy security.

According to State Information Service Egypt, the country's petroleum achievements were highlighted through a series of infographics released by the Cabinet's media center. For the first time in four years, Egypt managed to halt the decline in oil and natural gas output between July 2024 and June 2026. This period witnessed the commissioning of 591 new wells, contributing an additional 1.6 billion cubic feet of natural gas and 280,000 barrels of crude oil and condensates to the nation's daily production. Moreover, 113 new discoveries were recorded, underscoring the sector's revitalization.

The Cabinet noted that all overdue payments to foreign partners have been fully settled. In a move to bolster exploration and development, 27 new exploration agreements were signed, collectively valued at a minimum of $1.4 billion. Furthermore, international energy companies committed over $17 billion in future investments. To enhance domestic energy supplies, there has also been a significant expansion in LNG import infrastructure.