Prime Minister Mostafa Madbouly stated that the government aims to increase fertilizer production by ensuring the necessary natural gas supply to plants, with the goal of eliminating the black market.
Madbouly made this statement during a meeting with Minister of Petroleum and Mineral Resources Karim Badawi and other officials to review the status of fertilizer production.
He added that production had declined recently because some plants had halted production due to a lack of natural gas, which led to the emergence of a black market.
The Spokesman of the Cabinet Mohamed El-Homsani said that the meeting was to ensure that the fertilizer plants resumed production. He added that the meeting stressed the need to close the channels of leakage of subsidized fertilizers to the black market, as directives were issued to work on controlling this system, which contributes to ensuring that the subsidy reaches its beneficiaries.
He explained that the meeting emphasized the follow-up of the fertilizer supply system f
rom the producing factories in light of the availability of the required quantities of natural gas for production.
Source: State Information Service Egypt