Badawi attributed the savings to a surge in domestic fuel output, which he said has been supported by the ministry’s strategic initiatives
Egypt ramps up oil production & energy investment with new incentives and deep sector reforms, says Minister Badawi.
Based on current global LNG pricing, the deals could cost the government as much as $3 billion
He called for the full maintenance of the national power grid and adequate fuel provisioning for the electricity sector to maintain grid readiness and reliability.
The data shows that Egypt’s petroleum product exports totaled approximately $2.417 billion from January to September 2024, up from $1.638 billion during the same period in 2023. This represents an increase of $779.064 million
