News
1d
bne IntelliNews on MSNEgypt raises domestic energy production, saving $3.6bn in fuel imports, says minister
Editorial desk Egypt’s minister of petroleum and mineral resources Karim Badawi said on August 17 that the country was able ...
Egypt targets gas boost after production decline, aiming to reach 6.6 billion cubic feet per day by 2027 through foreign ...
Egypt gave up on more than 2 million barrels of petroleum cargoes it offered to buy when gas supplies from Israel were ...
Israel's Leviathan natural gas field has signed the largest export agreement in the country's history, worth up to $35 ...
The deal will deepen Egypt's energy dependence on Israel amid mounting public anger over its alleged complicity in the siege ...
US oil producer Apache saw its production decline 3% quarter on quarter (QoQ) to 124,000 bbl/d, the lowest in 17 years ...
After two years of delays, the Israeli government is expected to finalise the deal with Egypt in the next two weeks, ...
2d
The National Interest on MSNWhy Gas Deals Could Be Israel’s Best Path to Regional Normalization
Gas exports give Israel its best chance at regional integration, advancing both energy cooperation and political stability.
While Egypt remains a significant oil and gas producer, the domestic supply shortfall has forced the country to seek an estimated $7 billion in funding to purchase 155–160 LNG cargoes in 2025.
Egypt has bought 1.84 million tons (mt) of LNG this year, data from S&P Global Commodity Insights shows. That's almost 75% of its total for 2024. ISRAELI GAS ...
Egypt also is trying to boost its economy after emerging from a foreign currency crisis, and a shift to medium-term LNG deals leaves it less exposed to the volatility of the spot LNG market.
Results that may be inaccessible to you are currently showing.
Hide inaccessible results