Egypt Dims the Lights in Cairo to Free Up More Gas for Europe - WSJ

2023-04-23 09:40:49 By : Mr. Ven Huang

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Egypt Dims the Lights in Cairo to Free Up More Gas for Europe - WSJ

CAIRO—Egypt is racing to provide more natural gas to Europe by cutting back on its domestic energy consumption, part of an effort to bulk up state coffers amid an economic crisis.

The Egyptian government started this summer to direct the scaling back of domestic electricity consumption, reducing lighting in some streets, squares and other public areas, as well as in shops and government buildings. The aim is to try to lower the amount of natural gas needed for generating electricity by 15% and ship that surplus to buyers in Europe, who are paying top dollar for liquefied natural gas.

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Egypt Dims the Lights in Cairo to Free Up More Gas for Europe - WSJ

Nordic Modern Table Lights This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.