The amount of carbon-intensive mazut fuel oil Egypt uses in power stations has reached five-year highs as it seeks to maximise the amount of natural gas available for export, data published by the electricity sector’s regulator showed, reports Reuters.
Shift towards mazutThe shift towards mazut, which is mostly produced in Russia, allows Egypt to generate electricity more cheaply and export more gas to alleviate an acute foreign currency shortage.
Mazut’s share of...
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