US LNG reaches new Middle East buyers

Wednesday, 01 February 2017

Egypt and Jordan joined the LNG-buyers’ club by using an FSRU in 2015, which offers a faster, cheaper alternative to land-based regas terminals. In the long run Egypt will develop the Zohr gas field, but in the short-term, it remains reliant on LNG to meet its natural gas demand. At odds, around 82% of the Jordan’s electricity is currently generated via imported LNG and there is still upside – making both countries an outlet for spot LNG cargoes from the United States. 

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