Egypt imposes strict measures as power crisis worsens

Egypt Implements Energy Conservation Measures Amid Global Fuel Crisis

Egypt’s government has announced measures to reduce its energy consumption amid the ongoing Iran war, which has disrupted global oil and liquefied natural gas (LNG) shipments. The country is among the “best-performing” nations in addressing the crisis, according to officials.

The US-Israel conflict on Iran has led to a significant decrease in shipping through the Strait of Hormuz, a critical route for Gulf energy exports. As a result, oil and LNG prices have risen sharply, with global benchmark Brent crude reaching around $109 per barrel. Egypt’s fuel prices have also increased by 14-30 percent.

To mitigate this impact, Egypt’s Petroleum Ministry has implemented various measures to conserve energy. The government has announced that it is taking steps to reduce its energy import bill, which has increased from $1.2 billion in January to $2.5 billion in March.

Other countries are also taking similar measures to save energy. For example, Malaysia has ordered civil servants to work from home, while the Philippines has implemented a four-day work week for government offices. Thailand and Vietnam have encouraged officials to work from home, and Myanmar’s government has imposed alternating driving days.

Pakistan has also taken steps to conserve energy, with markets and shopping malls closing at 8pm (15:00 GMT) across the country, except in Sindh province. Bangladesh has reduced working hours for government and private workers, while Sri Lanka and Slovenia have introduced fuel rationing and purchase limits.

Egypt’s efforts to reduce its energy consumption are part of a broader global response to the crisis. The country’s measures aim to preserve state energy resources and mitigate the impact of rising energy prices on its economy.

Source: Al Jazeera