24 April 2026
A further 30-35mn cfd is supplied by Egypt. ... Egypt already has four operating FSRUs to meet its growing gas needs even as it seeks to establish itself as the East Mediterranean’s gas and export hub (MEES, 24 April). ...
24 April 2026
Egypt imported 2.45bn cfd in January, including 914mn cfd from Israel and 1.54bn cfd of regasified volumes from imported LNG. ... Attention will now turn to how Egypt manages its power balance in the months ahead. ...
24 April 2026
The price increase comes as Egypt grapples with declining domestic gas production and reduced pipeline imports from Israel, which were halted in March, forcing Cairo to rely more heavily on more expensive LNG cargoes to meet domestic demand (MEES, 17 April). ...
24 April 2026
Egypt has put three blocks on offer in the Gulf of Suez as part of the Open Blocks Licensing Program (OBLP) initiative, providing interested parties with the chance to bid for previously held acreage outside a typical official bid round. ...
24 April 2026
Leviathan exports to Egypt are indexed to Brent with a three-month lag. When Brent is at $65/B, Egypt pays approximately $5.5/mn Btu and at $100/B it pays around $7.5/mn Btu, according to a well-informed source. ...
24 April 2026
The option to direct gas from Cyprus and Israel to Egypt makes both economic and geographic sense. ... “Until anchor volumes and sovereign backing align, Egypt remains the path of least resistance.” ...
17 April 2026
This caused Egypt’s March import bill to nearly triple to $1.65bn (MEES, 27 March). ... The disruption once again underscores the economic stresses due to the decline in Egypt’s gas output. ...
17 April 2026
Although the agreement provides a temporary respite, Mr Trump has hailed the ceasefire as a major achievement comparable to the 1978 Camp David accords between Israel and Egypt. ...
17 April 2026
Egypt’s Petroleum Minister Karim Badawi says that arrears to IOCs operating in Egypt will all be settled by the end of June. ... But Egypt has made substantial progress, with arrears exceeding $6bn less than two years ago. ...
17 April 2026
Ten state owned oil and gas companies are set to be listed on the Egypt Stock Exchange (EGX) as part of Cairo’s push to raise funds and reduce the government’s footprint within the economy. ... The investment climate in Egypt has been improving in recent months, with Cairo now hoping to erase its arrears to oil and gas producers in the country by the end of June (MEES, 17 April). ...
10 April 2026
Arcius, formed in late 2024, has yet to make a significant splash in Egypt’s offshore and will be hoping Harmattan can provide a springboard to further developments. ... Egypt Mediterranean Offshore: Key Eni Fields & Concessions ...
10 April 2026
Although the World Bank has kept Egypt’s outlook for the year unchanged, the government has had to implement measures that will have an impact on the economy. ... At least for Egypt there is light at the end of the tunnel, with Israeli gas imports rebounding as key fields are restarted (MEES, 10 April). ...
10 April 2026
The war that started with US and Israeli attacks on Iran on February 28, 2026, and escalated throughout the Arabian Gulf, could well be the third Gulf war that will have a wider impact on global energy security and markets. The other two conflicts were the Iran-Iraq war of 1980-1988 and Iraq’s invasion of Kuwait and the war of liberation from August 1990 to February 1991. ...
10 April 2026
Output will resume gradually and provide Israel with enough gas to fully resume exports to Egypt and Jordan. ... With domestic demand currently at around 1.4bn cfd, this is more than enough to export 1-1.1bn cfd of gas exports to Egypt and 300mn cfd to Jordan. ...
10 April 2026
In parallel, a Host Government Agreement was agreed to regulate “construction, financing and operation” of pipeline infrastructure required to transport gas from Cyprus to Egypt, NewMed announced on 9 April. ... A special purpose company, Aphrodite Midstream Company (AMC), will be established by the partners in Egypt to finance and operate the pipeline. ...
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