Egypt's 2026/2027 economic and social development strategy aims to increase oil and gas production, attract new investment, and reduce petroleum imports. The plan also includes receiving natural gas from Cyprus and re-exporting it to global markets, enhancing Egypt's role as a regional energy hub. The petroleum sector saw growth return in the third quarter of the 2025/2026 fiscal year, with a 0.7% increase in June 2026, marking its first positive quarterly growth since Q1 2023/2024.