Egypt signs $3B in LNG deals

Egypt secures $3B LNG deal with Shell & Total as domestic gas crisis deepens
Egypt has secured 60 cargoes of liquefied natural gas (LNG) for 2025 through agreements with Shell and TotalEnergies valued at approximately $3 billion, Reuters reported on Thursday. Egypt, the Arab world’s most populous nation,
Exclusive: Egypt secures LNG deals with Shell and TotalEnergies for 2025
Egypt has signed deals worth around $3 billion with Shell and TotalEnergies to secure 60 cargoes of liquefied natural gas (LNG) to cover demand for 2025, three trading sources told Reuters.
Egypt signs $3B in LNG deals with Shell, TotalEnergies - Reuters
Egypt has signed deals worth ~$3B with Shell (NYSE:SHEL) and TotalEnergies (TTE) to secure 60 cargoes of liquefied natural gas to cover most of the country's demand for 2025, Reuters reported Thursday.
Egypt secures 60 LNG cargoes for 2025 from Shell and TotalEnergies
Egypt has successfully secured 60 cargoes of liquefied natural gas (LNG) for the year 2025. The deals were signed with energy giants Shell (LSE:LON:SHEL) and TotalEnergies (PA:EPA:TTEF), according a Thursday report by Reuters.
Exclusive-Egypt signs $3 billion LNG deals with Shell and TotalEnergies
By Marwa Rashad LONDON (Reuters) -Egypt has signed deals worth about $3 billion with Shell and TotalEnergies to secure 60 cargoes of liquefied natural gas (LNG) to cover demand for 2025, three trading sources told Reuters.
Crude Oil Prices2h
China’s Tariff Moves Could Derail U.S. LNG Expansion
Analysts warn that uncertainty in the U.S.-China LNG trade could delay new capacity additions, despite the recent lifting of ...
FLEX LNG: 11% Yield On LNG Shipping, Outperforming In 2025
FLEX LNG Ltd. benefits from long-term charters, insulating it from current low spot market rates. Read more to see why FLNG ...
LNG shipping rates plunge on increasing vessel availability
Shipping costs for liquefied natural gas (LNG) cargoes have tumbled to five-year lows as newly built carriers added to the ...
E&E7h
Texas LNG plant agrees to $1.5M fine for explosion
The 2022 blast took nearly 20 percent of the country’s liquefied natural gas export capacity offline during a surge in ...
BusinessMirror1h
DOE excludes LNG from GEA 4th round; TOR out soon
THE Department of Energy (DOE) has decided to exclude liquefied natural gas (LNG) from the fourth round of the Green Energy Auction (GEA-4), a top official of the agency said. “There are enough LNG ...
Looking to diversify its exports, Quebec willing to rethink natural gas pipeline project
The threat of tariffs and lingering economic volatility has prompted the Quebec government to reconsider a pipeline project ...
Nikkei Asia56m
Trump aims for U.S. to replace Russian LNG in Indo-Pacific: Hagerty
WASHINGTON -- Energy cooperation focused on liquefied natural gas will be discussed when President Donald Trump and Prime Minister Shigeru Ishiba hold their summit on Friday, Sen. Bill Hagerty, a ...
Kyiv Independent on MSN2d
Europe must act on Russian LNG before Trump makes it impossible
Europe’s window to ban Russian liquefied natural gas (LNG) is closing faster than we think. As a second Trump administration ...
Petronas Gas Dispute Resolution With Sarawak Excludes LNG
Petroliam Nasional Bhd. recognizes the role of Sarawak’s oil firm as the gas distributor in the Borneo state, though it ...
Rigzone6d
Baker Hughes Announces Major Gas Tech Orders for Venture Global LNG
As power demand surges, LNG has a critical role to play in providing a reliable, flexible fuel source that can be quickly ...