Egypt launches international tender within days to import 15 LNG shipments

Updated 6/5/2024 8:13:00 AM
Egypt launches international tender within days to import 15 LNG shipments

Arab Finance: The Egyptian government is set to launch an international tender within the coming days to import around 15 liquified natural gas (LNG) shipments until October, a government official told Asharq Business.

This move aims to fulfill the country’s need for natural gas.

It is worth noting that the Ministry of Electricity needs nearly 135 million cubic meters of natural gas and 10,000 tons of mazut daily to end frequent power outages across Egypt.

It was previously reported that Egypt’s daily consumption of natural gas was scaled up by around 300 million cubic feet daily, reaching 6.1 billion cubic feet in May.

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