The government of Dr. Mostafa Madbouly aims to boost oil export value to $8.9 billion by 2030 as part of a strategic plan running from 2024 to 2027. This initiative is a key component of a comprehensive government program focused on securing energy supplies, which is crucial for national security and economic stability, given the critical role of energy in supporting the modern economy, including electricity, fuel, and energy-dependent industries.

The government projects that oil export value will reach $7.9 billion by the end of the current fiscal year (2024/2025), with a target of $8.6 billion by 2026/2027. By 2030, Egypt aims to ensure that the energy sector meets all sustainable development requirements by improving the utilization of both traditional and renewable resources, thus contributing to economic growth.

According to the government program, titled "Together We Build a Sustainable Future," which has been approved by the House of Representatives, the government is adopting eight sub-programs. These include securing conventional and renewable energy resources and diversifying the national energy mix, improving energy efficiency, enhancing productivity and innovation in the sector, developing infrastructure and energy transmission and distribution networks, reinforcing Egypt's position as a regional energy hub, advancing mineral and petroleum resources, and finally, developing the petrochemical industry.