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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
NATURAL GAS
Egypt has been boosting domestic fuel-oil generation, in an attempt to export more gas to Europe, a whistleblower from the Egyptian Ministry of Electricity and Renewable Energy told Climate Home news.
- “The use of mazut currently in stations instead of natural gas is in complete contradiction with the climate conference”, said the whistleblower.
- In October, Egyptian mazut consumption of power plants stood at around 21%, compared with 3.7% in October 2021, according to the Egyptian Electricity and Consumer Protection Agency.
- In June, Egypt signed a deal with the EU and Israel to boost LNG sales to Europe.
- Egypt expects to export 15% of its gas production, prime minister Moustaga Madbouly said in August.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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