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As Egypt's cement industry suffers from gas supply cuts and from rising gas prices (jumped from US$ 3/mmbtu in 2011 to US$ 8/mmbtu in 2014), the sector considers switching to imported coal to meet future energy needs. We forecast that the share of coal reaches 60% in the cement sector's fuel mix by 2020, while the share of gas falls from 75% in 2010 to 10% in 2020. In 2030, the industrial sector consumes about 17% less gas due to the fuel switching in the cement industry.
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This Energy Markets Insight report highlights the key issues surrounding this topic, and draws out the implications for those involved.
For participants, suppliers and advisors who want to look at the trends, risks and issues within the energy markets, this report gives you an expert opinion and analysis to help inform your decision making.
Analysing over 90 markets, and providing comprehensive coverage of global energy supply and demand, Wood Mackenzie is ideally placed to offer extensive expertise and robust knowledge of the energy markets sector.
Our experienced analysts use over 1,000 data sources and collaborate with colleagues around the world to accurately forecast and identify industry trends based on our objective, proprietary data.
Wood Mackenzie's clients include every major player in the global energy, metals and mining industries. We are recognised as a leading authority by international and national energy, metals and mining companies, leading financial institutions, governments and government agencies. We work with a range of diverse teams within our clients, from strategy and policy makers, business developers and market analysts, through to corporate finance, risk teams and investors.
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Insight | Jul 2014
High hopes for cheap coal in Egypt's cement industry
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