GASREG measures to mitigate the impact of COVID-19 outbreak

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GASREG measures to mitigate the impact of COVID-19 outbreak

On 30 January 2020, the World Health Organization (WHO) declared the outbreak of the COVID-19 a Public Health Emergency of International Concern and recommended safety measures to be taken by each government to ensure the safety and health of the population.

The measures focus mainly on minimizing the human-to-human transmission by banishing all public gatherings, postponing all public events, travels, closing all schools and universities.

Unfortunately, the virus continues to spread worldwide, and the measures were extended to suspend all activities except the necessary ones such as food supply chains and pharmacies. These measures have had direct repercussions on all energy markets of the Mediterranean region.

In Egypt, the government allocated a budget to support the industrial sector by reducing the price of natural gas and lowering electricity prices by ten piasters for heavy and average use industries.

Administrative procedures, in Egypt (for both electricity and gas),
operators can send their applications online regarding any issues such as licenses.

Furthermore, nearly all the regulators will exceptionally tolerate the to comply with the quality of supply requirements and objectives.

This summarizes the most relevant measures taken by the
GASREG/governments in Egypt to support the energy market and to protect end-consumers during the COVID-19 outbreak.