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00:00 The wind always comes with what ships do not desire.
00:04 An example applies to the war in Gaza and its sudden drop in Israeli gas supplies to Egypt from 800 million cubic feet to zero.
00:14 A drop that had a direct impact on the operating sectors.
00:18 The consumption was high, including the oil companies, which took their turn to depend on the storage after the amount of gas supplied to them dropped by about 30%.
00:28 In fact, the drop in gas supplies has increased the daily electricity cutoff in some areas by more than two hours.
00:38 We saw the impact of the drop in gas supplies on two different aspects.
00:43 The first aspect is the drop in gas supplies to the energy-consuming factories.
00:49 One of the main ones was the oil companies.
00:52 This drop happened for a few days, but the companies quickly overcame this problem because they had their own storage facilities.
01:03 So they were able to overcome this obstacle.
01:07 The second aspect was the drop in gas supplies to the power plants.
01:12 This, of course, affected the increase in the cutoff of electricity.
01:17 The Israeli gas supplies to the power plants did not last long, but the drop in gas supplies to the power plants was reduced by about 70%, according to some.
01:27 This prompted the Egyptian government to import new types of diesel gas and to depend on other sources such as oil to feed the power grid.
01:35 This also encouraged the development of new facilities and the development of new power stations to address the crisis.
01:43 There are many solutions from the Egyptian government.
01:47 For example, the exploration of several areas in the Arabian Peninsula, specifically in the Bahra-Al-Ahmar region,
01:52 which includes more than 250 government and private oil companies.
01:55 And the use of diesel gas to generate electricity and gas to meet the needs of Egypt in the recent gas and electricity cutoff.
02:08 Unofficial estimates indicate that the amount of natural gas imported from Egypt by Israel in the past year is about 43%,
02:16 reaching 273 billion square feet compared to 191 billion square feet in the previous financial year.
02:25 The conflict in Gaza prompted the Egyptian government to look for ways to increase gas supplies,
02:30 after the lack of partial imports affected some power plants and the production of electricity.
02:37 Farouk Youssef, CNBC Arabia, Cairo.
02:40 [BLANK_AUDIO]