File Photo: Egypt Minister of Petroleum and Mineral Resources Karim Badawi. Photo courtesy of Egyptian cabinet.
Badawi made the remarks during a press conference held by the cabinet on Tuesday at its headquarters in the New Capital.
The minister emphasized that the government is committed to meeting the energy needs of all sectors and is closely monitoring supplies to ensure uninterrupted delivery to key industrial and service activities.
He said the diversified contracting structure ensures stable and reliable energy supplies to vital sectors, even amid external challenges.
Badawi noted that these measures are part of a broader government strategy to enhance energy security and manage risks stemming from regional developments, safeguarding economic activity and maintaining efficient services for citizens.
He also highlighted that current efforts on energy security, amid the US-Israeli war on Iran and Iranian retaliatory attacks on Gulf nations, reflect proactive government measures supported by diversification and strategic reserves.
Prime Minister Mostafa Madbouly has held high-level meetings with Badawi, Finance Minister Mohamed Kouchouk, and Minister of Electricity and Renewable Energy Mahmoud Esmat to assess readiness.
Precautionary steps include securing strategic fuel reserves of gasoline, diesel, and butane at safe levels; ensuring LNG imports through three Floating Storage and Regasification Units (FSRUs) at Ain Sokhna and Aqaba; and 24/7 monitoring of supply after East Mediterranean gas suspensions caused by Israeli strikes.
Egypt blends domestic gas production, including Zohr and Leviathan field extensions through 2040, totalling 130 billion cubic metres, with imports of around 10 billion cubic metres per year from long-term contracts, including a $4 billion deal with Hartree Partners from 2026, as well as spot LNG purchases from Qatar, the US, and Cyprus.
This supply mix covers industrial and power needs, which together account for about 40 percent of summer demand, even if Israeli gas supplies, representing 20–25 percent of Egypt’s imports, are halted again, as occurred in June 2025.
In that instance, Israel paused the Leviathan and Tamar fields after initial strikes, forcing Egypt to temporarily idle fertilizer plants, its major gas consumers, and urgently import supplies, a scenario similar to current risks from the Strait of Hormuz and Suez Canal threats.
Despite these challenges, Egypt has adapted through the Sumed pipeline, regasification vessels, and re-exports, maintaining self-sufficiency buffers exceeding six months.
Short link: