Cairo has set out its gas plans for the 2019/20 financial year with seven projects set to add around 2.8bn cfd to Q4’s record 6.3bn cfd output. Natural declines pose a threat to Egypt’s hopes of hitting 7.9bn cfd by June next year.

Fresh from hitting an all-time high gas output record of 6.50bn cfd in September and reaching gas self-sufficiency, Egypt’s state oil firm, EGPC, has set out its targets for the next financial year, which starts in July.

It has set out seven...