QatarEnergy seals Egyptian LNG supply deal

State-owned LNG giant QatarEnergy will supply liquefied natural gas to Egypt's EGAS under a new deal signed on Sunday.

According to a statement by QatarEnergy, the firm will supply up to 24 LNG cargoes to EGAS for the summer of 2026.

QatarEnergy signed a memorandum of understanding (MoU) with the Ministry of Petroleum and Mineral Resources of Egypt to strengthen cooperation in the energy sector, with special focus on the supply of LNG from QatarEnergy to Egypt.

The agreement was signed by Saad Sherida Al-Kaabi, Qatar’s energy minister and chief executive of QatarEnergy, and Karim Badawi, the Minister of Petroleum and Mineral Resources of Egypt in a ceremony held at QatarEnergy’s headquarters in Doha.

Al-Kaabi said this agreement “builds on our recent successful cooperation with Egypt particularly with respect to the supply of LNG from QatarEnergy’s portfolio.”

“This MoU further strengthens our bilateral relationship as we work jointly towards additional supplies of long-term LNG from QatarEnergy to meet Egypt’s growing demand for energy to fuel its robust economic and industrial growth,” he said.

QatarEnergy is working on the giant North Field LNG expansion program, which includes the North Field South and North Field West projects.

Together, these will raise Qatar’s LNG production capacity in Ras Laffan from the current 77 mtpa to 142 mtpa in 2030.​

The first two projects include six mega trains, each with a production capacity of 8 mtpa of LNG.

Four of these are part of the North Field East expansion project, and two are part of the North Field South expansion project.

In February 2024, QatarEnergy also announced the North Field West project, which will add 16 mtpa of LNG to the overall expansion of the North Field.

On the other hand, Egypt shifted from being an LNG exporter to an importer early 2024 due to declining domestic gas production and rising demand for cooling amid multiple heatwaves.

In October 2025, the country launched operations at another FSRU-based facility with the arrival of the first cargo at the 138,350-cbm Energos Winter in Damietta.

The Damietta FSRU is located on the Mediterranean coast, unlike the other three vessels which are located at Ain Sukhna on the Red Sea.

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