A bomb attack on the Sinai pipeline near the Egyptian city of El Arish has interrupted the flow of gas to the state-owned Egyptian Electricity Holding Company (EEHC), forcing it to switch from natural gas to heavy fuel oil for power generation. The pipeline blast affects gas supply to Egypt's power producers and industry, negatively impacting EEHC's profit margins, which in turn has the potential to impact export to Israel and Jordan.
|Full content is available only to subscribers
please log in below or subscribe now
Or request to register for a free 14 day trial here