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Egyptian fertilizer plants shut down momentarily due to gas supply pressures

Gas products will slowly resume flowing since Thursday to fertilizer factories in Egypt after a number of chemical and fertilizer companies closed down plants on a momentary basis, the petroleum ministry said.

The business stated in bourse disclosures that increased consumption-driven pressures on the natural gas network led to changes in supply. Some cited heats as a reason for the disturbance, as more gas was utilized for power generation.

On Tuesday, a joint statement by the petroleum and electrical power ministries

revealed

an extension of rolling power cuts across the country for an extra hour to allow for preventative upkeep on its local gas and power networks, and due to the fact that of increased intake brought on by a heatwave.

Temperature levels rose to in between 38-40 degrees Celsius ( 100.4 ° F) throughout Egypt on Tuesday and Wednesday and are anticipated to increase further on Thursday and Friday.

Egypt Kuwait Holding (EKH), Misr Fertilizers Business (MoPCO), and Abu Qir Fertilizers and Chemical Industries said they were closing down plants for 24 hours up until network pressure stabilised.

Egyptian Chemical Industries Corp (KIMA), Sidi Kerir Petrochemicals Co. also revealed closures, but did not provide a timeline.

Products of the natural gas that assists Egypt generate electrical energy have actually been diminishing at a time when a broadening population and city advancement have actually been pushing up electrical energy demand. When temperatures rise, cooling usage increase power intake.

Scheduled power outages started in Egypt last summertime, coming as

a shock

to Egyptians accustomed to years of trusted power supplies under President Abdel Fattah al-Sisi.

The government said they would be short-lived but the load shedding continued after temperature levels dipped. After a pause earlier this year for the holy month of Ramadan, when lots of Muslims fast during daytime hours, two-hour everyday

cuts resumed

.

The federal government has actually greatly subsidised power rates for years and has actually deferred cuts to the aids in the middle of financial pressures on residents and services.