Egyptian fertilizers factories retrieve natural gas supplies to normal levels

Updated 8/6/2023 8:05:00 AM
Egyptian fertilizers factories retrieve natural gas supplies to normal levels

Arab Finance: Egypt has resumed the natural gas supplies for fertilizer factories to their normal levels after being reduced by 20% for days during the past two weeks, three government sources told Asharq Business on August 5th.

The natural gas supply reduction will not affect the firms’ revenues, given the availability of the needed stock, one source noted.

In July, the government decided to cut natural gas supplies for several fertilizer factories by 20% to increase the amount of natural gas supplied to power stations amid the current energy crisis.

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