Egypt Prepares for Summer Energy Deficit with LNG Imports and Renewable Energy Expansion
NATURAL GASSOLAR ENERGY
Egypt is preparing for summer electricity shortages by expanding renewable energy and increasing LNG imports. The government aims to add approximately 3,000 MW of solar power to the grid, but actual contributions may be around 2,200 MW.
Key projects include the Obelisk plant and the AMEA plant. To address energy deficits, Egypt plans to import 155 to 160 LNG cargoes in 2026, with a historic import bill of $7.2 billion recorded last year. Electricity consumption has risen over 6% in fiscal year 2023/24, prompting the government to consider significant tariff hikes to manage demand amid economic challenges.

Feb 18, 2026, 1:59 PM