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Egypt locks in Israeli, Qatari gas to shore up power supply

Gas pipeline. Photo @ Unsplash
Gas pipeline. Photo @ Unsplash
  • Egypt signs new LNG deal with Qatar after record Israel gas agreement
  • Moves aim to secure power supply and reinforce regional energy hub role

 

CAIRO, EGYPT – Egypt has stepped up its energy security drive by sealing major gas agreements with Israel and Qatar, seeking to meet rising electricity demand while positioning itself as a regional energy hub.

The latest deal with Qatar follows last year’s record-breaking gas agreement with Israel — the largest of its kind in the region — and comes as Egypt grapples with tightening domestic gas supplies and mounting pressure on its power sector.

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