Madbouly: Spain key ally in Egypt's regional, global project drive    Global pressure mounts on Israel as Gaza death toll surges, war deepens    Egypt targets 7.7% AI contribution to GDP by 2030: Communications Minister    Irrigation Minister highlights Egypt's water challenges, innovation efforts at DAAD centenary celebration    Egypt discusses strengthening agricultural ties, investment opportunities with Indian delegation    Al-Sisi welcomes Spain's monarch in historic first visit, with Gaza, regional peace in focus    Cairo governor briefs PM on Khan el-Khalili, Rameses Square development    El Gouna Film Festival's 8th edition to coincide with UN's 80th anniversary    Egypt expands medical, humanitarian support for Gaza patients    Egypt condemns Israeli offensive in Gaza City, warns of grave regional consequences    Cairo University, Roche Diagnostics inaugurate automated lab at Qasr El-Ainy    Egypt investigates disappearance of ancient bracelet from Egyptian Museum in Tahrir    Egypt launches international architecture academy with UNESCO, European partners    Egypt signs MoUs with 3 European universities to advance architecture, urban studies    Egypt's Sisi, Qatar's Emir condemn Israeli strikes, call for Gaza ceasefire    Egypt condemns terrorist attack in northwest Pakistan    Egyptian pound ends week lower against US dollar – CBE    Egypt hosts G20 meeting for 1st time outside member states    Egypt to tighten waste rules, cut rice straw fees to curb pollution    Egypt seeks Indian expertise to boost pharmaceutical industry    Egypt prepares unified stance ahead of COP30 in Brazil    Egypt harvests 315,000 cubic metres of rainwater in Sinai as part of flash flood protection measures    Al-Sisi says any party thinking Egypt will neglect water rights is 'completely mistaken'    Egyptian, Ugandan Presidents open business forum to boost trade    Egypt's Sisi, Uganda's Museveni discuss boosting ties    Egypt's Sisi warns against unilateral Nile measures, reaffirms Egypt's water security stance    Greco-Roman rock-cut tombs unearthed in Egypt's Aswan    Egypt reveals heritage e-training portal    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Electricity plants make up 60% of Egypt's gas consumption in FY2020/21
Production surplus will be exported via gas liquefaction plants, sources reveal
Published in Daily News Egypt on 05 - 08 - 2019

The Egyptian Natural Gas Holding Company (EGAS) estimated that electricity plants will receive 60% of the total domestic gas consumption during the fiscal year (FY) 2020/21, industry sources told the Daily News Egypt on Sunday.
Also, they revealed that Egypt's industrial sector will receive 30%, and cars, houses and gas derivatives 10%, with the surplus exported through the liquefaction factory.
A source at EGAS told DNE that the domestic gas consumption in FY 2020/21 is estimated to be 7.3bn cubic feet per day (scf/day), due to the industrial development plan, increase in electricity production, the increase in number of households connected to the natural gas grid, and conversion of cars to natural gas.
He pointed out that the growing market needs will be met by connecting wells from Zohr and North Alexandria gas fields to the natural gas grid.
In regards to the current fiscal year, he revealed that domestic gas consumption is estimated to reach nearly 6.5bn scf/day.
Egypt's overall development plans forecast that domestic gas average consumption to record 9bn scf/day, by FY2020/21.
The Ministry of Petroleum aims to link Zohr, North Alexandria, and Borollos gas field to increase domestic gas production.
In addition to the gas imports from Cyprus and Israel, which will help to operate the gas liquefication plants at their contractual rate.
The plan of the Ministry of Petroleum aims to complete the implementation of the fields of Zohr and North Alexandria, as well as the fields of Borollos.
The source pointed out that the increase in Egypt's natural gas production contributed to achieving self-sufficiency locally, with the operation of the Idku liquefaction plants through the gas coming from Cyprus and Israel and the Jordan gas pipeline, while retaining the gasification ship in the Arab Petroleum Pipelines Company (SUMED)'s pier at Ain Sokhna port.


Clic here to read the story from its source.