Egypt turns to Israel to address shortage of natural gas
Egypt is willing to pay Israel four times the price of natural gas it once sold to Israel in a bid to stave off a worsening energy crisis.
CAIRO — Egypt is plunging into darkness every day. Across the country, authorities are scheduling power outages to take the pressure off the national grid as Egypt struggles to deal with chronic energy shortages.
According to Hafez El Salmawy, managing director of the Egyptian Electric Regulatory Agency, Egypt will lack at least 20% of the natural gas it needs to properly power its electricity plants this summer. As energy usage spikes in the heat, these outages will become longer and more frequent.
