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Government confirms gas supply met power demand
The spokesperson for the Council of Ministers discussed the meeting between the Prime Minister and the Minister of Petroleum to review the natural gas supply system, which has expanded to include power plants and the industrial sectors. This expansion has helped meet the record-breaking consumption needs during the peak of summer without power outages. He also confirmed that settling foreign partners’ dues by June 2026 has contributed to boosting investor confidence and increasing investments in oil and gas exploration. Additionally, the government approved new projects and signed agreements to explore minerals in Upper Egypt starting from 2027, aiming to broaden the investor base and develop national resources.
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