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Petroleum Minister outlines LNG shipment plans
The Egyptian Minister of Petroleum, Engineer Karim Bedoui, confirmed that the liquefied natural gas (LNG) import system is ready to meet the country's needs during the summer season. He stated that vessels operating efficiently at the Sumed and Sonker ports ensure the stability of gas supplies for power plants and industries. He emphasized that the current regasification system provides a capacity of up to 2.7 billion cubic feet per day, supporting local production, while also reaffirming the commitment to the highest safety and environmental standards. Additionally, he announced the completion of all payments owed to investment partners in the petroleum and energy sectors, aiming to enhance confidence, attract new investments, and increase production rates.
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