East Med LNG race intensifies between Egypt and Turkey

Tuesday, 15 September 2026

Egypt and Turkey are poised to dominate the next phase of Eastern Mediterranean gas development as competition shifts from control of reserves to infrastructure. Egypt’s Idku and Damietta plants are the region’s only large-scale LNG export facilities, with 12 mtpa capacity combined, while replicating them would cost competitors $6 billion-$10 billion and take nearly a decade, analysts estimate.


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Last modified on Tuesday, 15 September 2026 05:12
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