Power Cuts Return to Egypt After Eid ...Egypt

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Power Cuts Return to Egypt After Eid
source : Egyptian Streets ( Egypt ) () 35
  Power cuts will resume after Eid al-Fitr, causing power outages for up to two hours a day in order to conserve natural gas reserves for the hot summer months and manage rising energy costs, a source in the electricity sector told Enterprise. An end date for the blackouts in Egypt remains uncertain, the source added. However, there is a plan in place to gradually reduce the amount of time people experience power cuts. Ideally, this will lead to a complete elimination of blackouts as the country’s natural gas supplies increase. The recent economic situation, especially the devaluation of the Egyptian Pound (EGP), is a major factor behind the blackouts.  Last month’s devaluation of the EGP ca

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