Egypt awards winter LNG tender as gas deficit impacts industry
Contracts
July 2, 2025

Egypt awards winter LNG tender as gas deficit impacts industry

Egypt awarded a tender for 20 LNG cargoes, its first winter buy since 2018, at a $1.50/MMBtu premium over the TTF benchmark. Winners include Saudi Aramco, Glencore, BP, Shell, and TotalEnergies. Local urea production is down due to limited gas supply, and domestic gas output has significantly declined.

Egypt awards winter LNG tender as gas deficit impacts industry

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