Petroleum Ministry to Compensate Factories for Gas Shortages

Petroleum Ministry to Compensate Factories for Gas Shortages

Due to requests made by factory owners, the Ministry of Petroleum decided to supply fuel oil and diesel  to cement and fertilizer factories, as a means to compensate the temporary lack of gas, reported Egypt Oil & Gas (EOG). Factories are planned to receive 34,000 tons of fuel oil and 10,000 tons of diesel a day. Once Egypt receives scheduled LNG shipments in November, steady natural gas supply to factories will resume.

Sources at EGPC also confirmed that the government will continue supplying the local market 38,000 tons of diesel and 18,000 tons of gasoline a day, alongside supplying 1.2m cylinders, which is the normal rate for all provinces. Additionally EGPC will provide 120,000 tons per month of fuel oil and diesel for the new Suez Canal development project.

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