Egypt’s gas supplies unaffected by Damietta ship incident, says oil minister
Egypt’s oil minister Karim Badawi confirmed gas supplies remain stable after the Damietta ship incident, with daily reviews and alternative fuels ensuring energy security.
Key Takeaways
AIEgyptian Minister of Petroleum and Mineral Resources Karim Badawi said the government is continuously reviewing its natural gas needs to meet electricity generation and economic sector demands, maintaining close coordination between the petroleum and electricity ministries to ensure energy system stability.
Speaking at a press conference held by Prime Minister Mostafa Madbouly at the government headquarters in New Alamein today, Badawi explained that the ministry’s strategy focuses on diversifying gas supply sources by increasing domestic production, expanding exploration, and utilizing gas transported via pipelines.
Badawi added that the ministry is also working to secure the necessary energy mix to address any changes in gas availability, including providing power plants with fuel oil or diesel as needed. He emphasized that operational scenarios are reviewed daily to respond to evolving circumstances.
The minister stressed that the incident involving the regasification ship in Damietta has not affected gas supplies to any sector in the country. He noted that the ministry is monitoring the technical status of the damaged vessel to determine when it can return to service, while also preparing alternatives to ensure continued supply stability.
