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Egypt targets gas boost after production decline, aiming to reach 6.6 billion cubic feet per day by 2027 through foreign ...
Editorial desk Egypt’s minister of petroleum and mineral resources Karim Badawi said on August 17 that the country was able ...
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.
The deal will deepen Egypt's energy dependence on Israel amid mounting public anger over its alleged complicity in the siege ...
Egypt gave up on more than 2 million barrels of petroleum cargoes it offered to buy when gas supplies from Israel were ...
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.
CAIRO/LONDON (Reuters) -Egypt is in talks with energy firms and trading houses to buy 40-60 cargoes of liquefied natural gas (LNG) amid a worsening energy crunch ahead of peak summer demand, three ...
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 was expected to issue a tender seeking up to 20 LNG cargoes to cover demand for the first quarter of 2025 but has deferred some previously purchased cargoes for January delivery.
Reuters previously reported that Egypt was in talks with the U.S. and other foreign companies to purchase long-term volumes of LNG, as the country seeks to cut its reliance on more costly spot ...
Nov. 4, 2009 Eric WatkinsOGJ Oil Diplomacy EditorLOS ANGELES, Nov. 4 -- Egypt’s state-owned Egyptian Natural Gas Holding Co. (Egas), clarifying earlier comments, reported that BP PLC and Eni SPA ...