Middle East Conflict Sends Egypt Scrambling to Replace Israel Gas

Middle East Conflict Sends Egypt Scrambling to Replace Israel Gas

OilPrice.com

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Egypt has begun rolling out a full-scale emergency energy plan, scrambling to balance limited fuel supplies against surging national demand after Israel shuttered its largest offshore gas field amid the escalating Iran-Israel conflict that has deprived Cairo of critical Israel gas supplies.  The plan, announced by the Egyptian Ministry of Petroleum and Mineral Resources just days prior and already in full force as of Tuesday, includes the immediate suspension of gas deliveries to multiple industrial sectors. To stabilize the national power…

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