Egypt: Sisi Welcomes Cooperation Between Energy Giant Shell, Egypt

Egypt: Sisi Welcomes Cooperation Between Energy Giant Shell, Egypt

President Abdel Fattah El Sisi welcomed on Thursday 22/5/2025 the existing cooperation between global energy giant Shell and Egypt, praising the company's partnership with the Egyptian petroleum sector.

Egypt is moving strategic threads in the midst of an energy crisis, according to an original report. The country, which used to be a relevant player in the gas market, is now in discussions with energy companies and commercial houses to acquire between 40 and 60 shipments of liquefied natural gas (LNG). Faced with a suffocating energy summer, Egypt could disburse up to $3 billion to guarantee this essential supply.In an attempt to avoid widespre…

Cairo Targets Long-Term LNG Import Deals As Gas Output Sinks

Egypt is turning to Arab producers for its LNG needs out to the end of the decade, likely hoping for favorable payment terms. This comes as gas output slip...

Egypt Affirms Commitment to Energy Transition at BRICS Energy Ministers' Meeting

Egypt participated in the BRICS Energy Ministers' Meeting, held in Brasilia, Brazil, as part of its membership in the bloc and in line with the Ministry of Petroleum's strategy to enhance energy cooperation.

Egypt In Talks to Buy LNG Cargoes Amidst Energy Crunch

Egypt is in talks with energy firms and trading houses to buy 40-60 cargoes of liquefied natural gas (LNG) amid a worsening energy crunch ahead of peak summer demand, three sources aware of the matter told Reuters.The country faces spending up to $3 billion at current prices to secure the LNG…

Egypt in talks to buy 40-60 LNG cargoes this year amid energy crunch, sources say

Egypt's domestic gas output fell in February by 39% to the lowest level in nine years at 3.3 billion cubic metres