Egypt is Scrambling For Cheap Oil and LNG as its Energy Crisis Deepens ...Middle East

Egypt is once again facing a resurgence of natural gas shortages, drawing headlines as the country enters the peak summer season. With soaring temperatures above 40°C expected in the coming months, electricity demand—driven largely by air conditioning—is putting intense pressure on the national grid. In response, the Cairo government is scrambling to implement emergency measures to avoid blackouts. Despite Egypt’s ambition to become a regional energy hub and key LNG supplier to Europe and global markets, the country is struggling…

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