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Middle East Conflict Sends Egypt Scrambling to Replace Israel Gas

  • Egypt faces a severe energy crisis in mid-2025 as the Iran-Israel conflict disrupts Israeli gas supplies critical for power generation.
  • The crisis escalated after Israel closed its largest offshore gas field following Iranian missile attacks, forcing Egypt to halt Israeli gas imports.
  • Egypt has activated an emergency energy plan relying on floating storage units and low-quality fuels like diesel to boost its electricity grid and limit load shedding.
  • The plan includes operating one floating storage unit while two others face technical problems, and Egypt pumps 100 million cubic feet of gas daily to Jordan under a December 2024 bilateral agreement.
  • These disruptions worsen Egypt's economic difficulties by weakening its currency, reducing stock values, increasing energy costs, and risking broader regional instability.
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Al Bawaba - Israel halted production at the Leviathan and other fields for security reasons following escalating tensions with Iran, halting the flow of approximately 800 million to 1 billion cubic feet per day to Egypt...

·Amman, Jordan
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farmweekly.com.au broke the news in on Monday, June 16, 2025.
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