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وكالة صدى نيوز
Egypt seeks 20 LNG shipments for September
A report discusses Egypt's efforts to secure its natural gas needs during September 2026 by importing 20 liquefied natural gas (LNG) shipments from global companies at an estimated cost of around one billion dollars. This is aimed at increasing power plant consumption, which has risen to approximately 6 billion cubic feet per day. This comes amid a surge in the gas import bill for 2026-2027, reaching $10.7 billion, with efforts to boost domestic production to 6.6 billion cubic feet per day by 2030 to meet the demand that could reach 7.5 billion cubic feet during peak summer. Additionally, the country faces challenges after one of the gasification ships was taken out of service following a fire, reducing the capacity to receive shipments to four ships. The government emphasizes the importance of diversifying sources and strategies for securing gas to meet the growing demand.
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