Egypt Says One GW of Renewable Energy Saves $250 Mn in Gas Imports

Egypt’s Finance Minister Ahmed Kouchouk said each additional gigawatt of renewable energy capacity saves about $250 mn in gas imports, as the government seeks to reduce energy costs and strengthen public finances, according to a cabinet statement on October 22. Speaking during the “Energy Journey” session on the fourth day of Egypt Forum 2026, Kouchouk […] The post Egypt Says One GW of Renewable Energy Saves $250 Mn in Gas Imports first appeared on Egypt Oil & Gas.