Egypt close to sealing term LNG supply deal worth up to $11 billion

Thursday, 23 July 2026

Egypt is close to sealing a multi-year LNG supply deal that could lock in 15 to 18 cargoes a month for at least three years. Reuters calculations put the deal value at $8-11 billion a year, depending on pricing and volume, with final terms still under negotiation.


Subscriber content
 

This content is available only to subscribers
please log in below or subscribe now / request a free trial