Egypt and Qatar signed a memorandum of understanding to boost cooperation in liquefied natural gas (LNG) sales and imports, including terms for supplying Qatari shipments to Egypt’s Ain Sokhna and Damietta ports, Egypt’s petroleum ministry says.
QatarEnergy says in a statement that the agreement includes supplying Cairo with up to 24 liquefied natural gas cargoes for the upcoming summer.
Egypt, the Arab world’s most populous nation, has been trying to increase its own gas production and diversify import sources to meet its growing energy needs.
Production began declining in late 2022, putting pressure on its ambitions to become a regional supply hub, and forcing it to plan for significant imports from Israel and Cyprus, along with costly LNG cargoes.
Egypt produced 3,635 million cubic meters of gas in October last year, up slightly from 3,525 million cubic meters in September but down from 3,851 million cubic meters in October 2024, according to the Joint Organizations Data Initiative.
Despite the decline, Egypt’s petroleum minister Karim Badawi said last week that Egypt plans to achieve self-sufficiency in oil and gas, according to a cabinet statement.
Help us report truthfully on social media
As a multimedia journalist, my job is to take the quality, fact-based journalism produced by The Times of Israel newsroom and make it accessible across every platform — from Instagram posts to podcasts to short-form videos.
This is how many, especially young people, consume news these days. But misinformation is rampant on social media. Our team at ToI produces accurate, responsible short-form reporting on Israel and the Jewish world.
If you believe in the importance of factual social media journalism, please consider joining our reader support group, The Times of Israel Community. Your financial support is essential to sustain responsible multimedia reporting.
— Gabriella Jacobs, multimedia journalist
Support our work
Support our work
Already a member? Sign in to stop seeing this
You're a dedicated reader
We’re really pleased that you’ve read X Times of Israel articles in the past month.
That’s why we started the Times of Israel - to provide discerning readers like you with must-read coverage of Israel and the Jewish world.
So now we have a request. Unlike other news outlets, we haven’t put up a paywall. But as the journalism we do is costly, we invite readers for whom The Times of Israel has become important to help support our work by joining The Times of Israel Community.
For as little as $6 a month you can help support our quality journalism while enjoying The Times of Israel AD-FREE, as well as accessing exclusive content available only to Times of Israel Community members.
Thank you,
David Horovitz, Founding Editor of The Times of Israel
Join Our Community
Join Our Community
Already a member? Sign in to stop seeing this