Egypt Forum 2026 to Showcase Energy Progress

Egypt Forum 2026 to Showcase Energy Progress

A session entitled  “Egypt’s Energy Journey” will feature in the upcoming Egypt Forum 2026, to be held from October 19 to 24 in the New Administrative Capital to highlight developments across various sectors of the economy in recent years.

Prime Minister Mostafa Madbouly reviewed the topics to be covered during the session, among others,  during a meeting with a number of ministers as part of preparations for the forum, according to a Cabinet statement.

During the meeting, Madbouly stressed the importance of highlighting sector developments and government measures to secure the country’s energy needs and ensure sustainable supplies to various sectors.The session will also address efforts to improve energy efficiency, expand renewable energy sources, develop domestic resources, and attract further investment in the sector.

Madbouly said the forum would provide a platform to discuss the country’s developments, explain the considerations behind government policies and decisions, particularly in sectors directly linked to citizens’ needs, and outline the government’s priorities for the coming period.

In addition, the meeting reviewed plans to develop the social protection system. Madbouly reaffirmed the government’s commitment to supporting the most vulnerable groups and ensuring that assistance reaches eligible beneficiaries efficiently.

The meeting was attended by Karim Badawi, Minister of Petroleum and Mineral Resources; Mahmoud Esmat, Minister of Electricity and Renewable Energy; Ahmed Kouchouk, Minister of Finance; Maya Morsy, Minister of Social Solidarity; and Sherif Farouk, Minister of Supply and Internal Trade.

Over the past two years, Egypt’s energy sector has seen a series of strategic advances under the government’s plan to boost production and secure demand. A key step was the gradual repayment of arrears, which had swelled to $6.1 billion by June 2024 and were fully cleared by June 2026.

Equally important, the government managed to meet soaring summer demand through liquefied Natural Gas (LNG) import deals, expanding the number of Floating Storage and Regasification Units (FSRU) to five, and introducing production incentives.

These measures helped lift investment commitments for the next three years to $19 billion from international companies, including Italy’s Eni, bp, UAE based Arcius Energy, and US based Apache.

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Doaa Ashraf 1389 Posts

Doaa is a staff writer with a Bachelor's Degree in Mass Communication, majoring Journalism from Ahram Canadian University. She has 2-3 years of experience in copywriting, and content creation.

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