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Markets & Forecasts

Egypt explores options for boosting LNG exports

Egypt’s LNG exports are rising sharply, but the country is still some way from realising its aim of becoming a regional gas hub Egypt’s LNG exports are rising sharply, but the country is still some way from realising its aim of becoming a regional gas hub.
By Abhishek Kumar 20 August 2019 Middle East & Africa / LNG 0 34505
The LNG plant at Idku in Egypt. (Shell)

Directional impact on forecast:
Upbeat for Egypt’s LNG exports

Egypt intends to become a regional gas hub, and LNG exports will be central to that plan. Sharply rising gas production from upstream projects including Zohr and West Nile Delta have enabled it to increase LNG supplies. And the country is working with regional governments to boost its liquefaction capacity as Israel and Cyprus consider commercialising part of their future gas output via Egyptian LNG plants.

Egypt’s LNG supplies are rising sharply – the country...