Cairo:President Abdel Fattah El-Sisi participated in a session titled "The Journey of Egyptian Energy National Achievements and Future Horizons" during the Egypt Forum 2026. The session was attended by Prime Minister Dr. Moustafa Madbouly, Finance Minister Ahmed Kouchouk, Minister of Electricity and Renewable Energy Dr. Mahmoud Esmat, Minister of Petroleum and Mineral Resources Eng. Karim Badawi, and other prominent figures in the energy sector.

According to State Information Service Egypt, the session reviewed significant progress in the energy sector, including strengthening the national electricity transmission network and enhancing electricity distribution networks. It also addressed the state's success in halting the decline in natural gas production and securing the needs of all sectors. The session discussed current challenges such as global geopolitical tensions and supply chain disruptions, and the measures taken to mitigate these challenges.

President El-Sisi emphasized the forum's purpose of communicating the state's energy challenges to citizens. He noted the state's efforts since 2014 to address the energy crisis, including planning a comprehensive energy infrastructure relying on renewable sources. The President highlighted the importance of public awareness about the energy sector and the financial efforts required to maintain energy services.

The state is focused on cooperation with the private sector and has settled dues to foreign partners by June 2026. The Minister of Finance revealed that financial subsidies amount to 840 billion pounds this fiscal year, with loan expenses bringing the total to around one trillion Egyptian pounds. The Prime Minister highlighted the impact of rising oil prices on the state budget, emphasizing the commitment to renewable energy and a diversified energy mix aiming for 50% reliance by 2030.