Power plants currently receive 80% of Egypt’s natural gas production, equivalent to approximately 3.043bn cubic feet per day, currently the maximum supply rate, according to a report issued by the Ministry of Petroleum. Approximately 519.8m cubic feet of the remaining 20% of Egypt’s gas production is directed toward the industrial sector. The other 1.79bn cubic feet goes to sectors that consume gas for “supplying cars, household use, and small and medium consuming industries”, the report said.
Gas is distributed across industries with approximately 266m cubic feet of gas daily directed to fertiliser, 99m for cement. A further 60m goes to iron and steel factories, and 94.9m for the Methanex factory located in Damietta, according to the report.
Egypt’s gas production rates decreased to approximately 4.66bn cubic feet daily, compared to 4.75bn in July as a result of natural well decline, the report said.
The report also pointed out that 983m cubic feet of gas have been cut from the industrial sector daily. This comes in addition to Jordan no longer receiving 100m cubic feet of gas as a result of production declines.
Egypt is facing a severe natural gas shortage in light of slowed development and research processes on the part of foreign partners. This has led to wells failing to be linked for production to compensate for the decrease, the report mentioned.
