During the last week of August, gas consumption of electricity power plants in Egypt has recently decreased from 4bcf/d to 3.7cf/d, as temperatures started to decline.
A source from the Egyptian Ministry of Petroleum and Mineral Resources stated that the ministry provides 29,000t of mazut oil instead of 30,000t, in addition to 4,000t of diesel to power plants to cover their daily energy needs, reported Al Borsa.
The ministry’s source added that Egypt has reached its maximum importation capacity of 1.3bcf/d of gas through Floating Storage Regasification Units (FSRU) stationed at Sokhan Port and a pipeline with Jordan.
In related news, Egypt’s natural gas production decreased to 4.04bcf/d compared to 4.05bcf/d production at the beginning of August. Yet, the gas production rate may increase to 4.1bcf/d by the end of September and is expected to remain stable until the end of 2016.