60 Days
Source:
الاقتصادية
Egypt Gas and Fuel Supplies Secure
Egyptian Minister of Petroleum Kareem Elbadawi confirmed that natural gas and fuel supplies to power plants and all consumer sectors in Egypt are fully secured, with stability in the national natural gas network. This came during his visit to the National Grid Control Center, where he reviewed plans to secure the local market during August and examined operational scenarios to ensure continuous supplies. He explained that the contingency plan and operational alternatives proved effective in addressing recent developments, especially after a fire broke out on two gas storage ships at the Damietta port. Rapid response was implemented to maintain energy stability during peak summer times, in coordination between the Petroleum and Electricity Ministries. Egypt relies on the Damietta liquefaction plant to secure gas supplies, utilizing it not only for receiving liquefied natural gas shipments but also for its export role, ensuring sustained energy supplies during the peak period.
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