News
12 June 2025

Egypt 'agrees to buy up to 160 LNG cargoes through 2026'

In:
Oil & gas
Region:
Middle East & Africa

Egypt has reached agreements with several energy firms and trading houses to buy between 150-160 cargoes of LNG to cover power demand from now until the end of 2026, industry sources said.The gas purchases, costing over $8 billion based on current prices, will add more pressure on government coffers...

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