Wednesday, 3 April 2013

Egypt Power Report Q2 2013

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Egypt Power Report Q2 2013
Apr 3rd 2013, 00:00

BMI View: With the Egyptian economy unlikely to stage a more pronounced recovery in the near term,power demand is exposed to downside risks. This notwithstanding, a continuous and reliable supply ofelectricity is paramount for Egypt''s socio-economic development, and a series of politically-chargedelectricity outages over summer the second half of 2012 has illustrated that power is a hot political issue fora government that is under pressure to improve the quality of public service provision. Yet, the challenge oframping up supply is immense; not only does it require a re-prioritisation of natural gas feedstock awayfrom exports and towards domestic consumption, but we...

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