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The importance of water resources for Egyptians has contributed to the creation of agencies, such as the Egyptian Ministry of State for Environmental Affairs, that promote and protect Egypt's natural resources. The Nile Delta is currently under threat both from the rising sea levels (caused by climate change) and subsidence.
Natural gas reserves in Egypt have increased from 36 to 37 trillion cubic feet, nearly doubling its production since 2003. Natural gas supports the development of many petrochemical and fertilizer plants as well as provides electricity in Egypt. [7] The petrochemical industry uses natural gas as fuel in order to produce ammonia and urea. In ...
Tourism accounts for 10-15% of Egypt’s economy. [34] Since tourism is influenced by weather conditions and the environment, climate change is going to have a significant impact on tourism. [ 35 ] The number of tourists visiting Egypt is projected to decline about 20% by 2060. [ 36 ]
Tourism is one of the leading sources of income, crucial to Egypt's economy.At its peak in 2010, the sector employed about 12% of workforce of Egypt, [1] serving approximately 14.7 million visitors to Egypt, and providing revenues of nearly $12.5 billion [2] as well as contributing more than 11% of GDP and 14.4% of foreign currency revenues.
Egypt's net natural gas exports. [70] Domestic resources meet only about 33% of Egypt's domestic demand, meaning large imports from Saudi Arabia, UAE and Iraq are necessary. Over the last 15 years, more than 180 petroleum exploration agreements have been signed and multinational oil companies spent more than US$27 billion in exploration companions.
As of 2005, Egypt's reserves of natural gas are estimated at 66 trillion cubic feet (1.9 × 10 ^ 12 m 3), which are the third largest in Africa. [11] Egypt's production of natural gas was estimated at 2,000 billion cubic feet (57 × 10 ^ 9 m 3) in 2013, of which almost 1,900 billion cubic feet (54 × 10 ^ 9 m 3) was domestically consumed. [12]
[2]: 90 Egypt leads Africa in the extraction of both talc and gypsum. It is second in salt production, third for phosphate and vermiculite, and fourth for iron ore. [3] Egypt also extracts oil, and is the largest non-OPEC producer of oil in Africa. Additionally, Egypt also produces the second most natural gas in Africa.
Mining in Egypt has had a long history that dates back to predynastic times. Active mining began in Egypt around 3000 BCE. Egypt has substantial mineral resources, including 48 million tons of tantalite (fourth largest in the world), 50 million tons of coal, and an estimated 6.7 million ounces of gold in the Eastern Desert. [1]