Arab Finance: The government has decided to extend the duration of daily power cuts under the electricity load reduction scheme for an extra hour on June 23^rd and 24^th, Ministries of Electricity and Petroleum announced on June 23^rd.

The move aims to keep the country’s power plants and the national natural gas grid running efficiently amid the high temperatures resulting in a surge in domestic power consumption.

It was previously reported that Egypt’s daily consumption of natural gas increased by around 300 million cubic feet daily to 6.1 billion cubic feet in May.

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