Ahmad 
Egypt recently received three large shipments of diesel fuel, totaling 160,000 tons, at the ports of Ain Sokhna, Alexandria and Suez.
An official at the Ministry of Petroleum and Mineral Resources stated that these shipments were distributed in varying loads, amounting to 90,000 tons, 30,000 tons and 40,000 tons respectively.
These shipments arrived last Tuesday and were mainly allocated to power stations in Egypt, with the aim of supporting the strategic fuel stock and improving generation efficiency.
The official added that the rest of the Egyptian government’s diesel contracts will arrive successively over the next two months, which will contribute to achieving stability in energy provision.
Prime Minister Dr. Mostafa Madbouly announced the allocation of $1.18 billion to provide the necessary petroleum products for the stations, and it is expected that the strategic fuel reserve will improve significantly, which will contribute to reducing the possibility of power outages, and it is expected that the outage crisis will end completely by the end of the year.
Egypt has witnessed a significant increase in demand for electricity, especially during the summer, which has led to an increased need for fuel to operate power plants. With the scarcity of fuel needed to operate power plants, Egypt has suffered from frequent power outages.
The Egyptian government has contracted to import large shipments of diesel and natural gas to meet the needs of power plants. It has been agreed to import 21 shipments of liquefied gas in addition to other shipments of diesel. The Egyptian government paid $1.3 billion as a new installment of dues to foreign oil and gas companies operating in the country at the end of last June.
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