*Having fallen 7% year-on-year in Q2 (MEES, 2 October), Egypt’s overall power generation rose to 20.0TWh for August, the first month since February not to be down year-on-year, and the third highest figure on record behind July 2017 and 2019 (see chart 1).
*And the latest gas consumption stats, which are for September, suggest that power generation has continued to rise. The country’s overall gas consumption rose counter-seasonally to 6.44bn cfd, higher than any figure last year and just behind summer 2018 record levels. Gas used to generate power, some two-thirds of the country’s overall gas use, rose in line (see charts 2 & 3). (CONTINUED - 602 WORDS)
