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البلاد
Egypt Resumes LNG Exports
Egypt is preparing to export its first shipment of liquefied natural gas to Europe by the end of November via the Idku facility, following the resumption of gas supplies earmarked for export. The cargo may be purchased by Shell or TotalEnergies. It will contain around 150,000 cubic metres and could be worth more than $60 million. Volumes will be determined by the surplus remaining after domestic demand is met. Egypt produces around 3.7 billion cubic feet of gas per day, compared with consumption of nearly 7 billion. The government aims to restore production to previous levels by 2027.
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