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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, EGYPTEgypt 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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