Egypt’s LNG Export Shipments to be Reduced during Summer On Gas Shortage

Gas shortages at Egypt’s LNG plant in Idku and are nothing new. But after a strong start to the year, peak domestic summer gas demand will see LNG exports fall dramatically in July and August, despite record imports of piped Israeli gas.

Rising domestic gas demand during the peak summer months is forcing Cairo to curb its LNG exports, despite record piped gas imports from Israel, with no exports expected from the Shell and Petronas-operated 7.2mn t/y ELNG facility at Idku for July or August.

This comes as a blow to Cairo as the country’s LNG exports up until May had been running at near record levels – with 51 cargoes (3.31mn tons) for the first five months of 2022, an 11-year high.