Wood Mackenzie: Seasonality takes centre stage in Egyptian gas marketFriday, 13 January 2017 07:56Cairo, the capital of Egypt. (Image source: Martin Steiger/Commons)Egypt could potentially position itself as a major seasonal player in the gas sector as the market dynamics begin to shiftAccording to research from global natural resources consultancy firm Wood Mackenzie, Egypt's gas markets market is poised to undergo profound changes in the next five years. This could have an impact on the global LNG market as Egypt positions itself as a prominent seasonal player. These new volumes will push the country's gas market back to surplus. Meanwhile, Egypt could export surplus volumes during the winter, taking advantage of northern hemisphere winter LNG prices.

Source: The North Africa Journal January 13, 2017 12:02 UTC