Sources at EGAS told Egypt Oil & Gas that a decision was taken to pump 700 mscf of liquefied natural gas (LNG) to factories suffering from gas shortages.

An agreement was reached with factory owners to solve the gas shortage crisis, beginning this month, with 500 mscf going to energy intensive factories, and 200 mscf to moderate energy consuming factories to resume production.

The Summer months witnessed a reduction in gas supplied to factories due to the increase in the electricity demand, forcing most of the available gas to power plants, to avoid blackouts. In winter, however, electricity usage goes down so gas will be resupplied to stalled production facilities.