{"id":669202,"date":"2025-07-29T00:00:00","date_gmt":"2025-07-29T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/07\/29\/egypt-secures-lng-shipments-through-2026-at-total-estimated-cost-of-usd-8-bn\/"},"modified":"2025-07-29T00:00:00","modified_gmt":"2025-07-29T00:00:00","slug":"egypt-secures-lng-shipments-through-2026-at-total-estimated-cost-of-usd-8-bn","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/07\/29\/egypt-secures-lng-shipments-through-2026-at-total-estimated-cost-of-usd-8-bn\/","title":{"rendered":"Egypt secures LNG shipments through 2026 at total estimated cost of USD 8 bn"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good afternoon, friends, and congratulations on making it to the half-way mark of the workweek<\/strong>. It\u2019s another calm day at home, whereas abroad, the hunger crisis in Gaza continues to dominate global headlines. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">THE BIG STORY TODAY-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Egypt has secured LNG shipments through 2026 at a total estimated cost <\/strong><strong>of USD 8 bn<\/strong>, a government source told EnterpriseAM. The final bill may fluctuate based on domestic production and consumption levels, thanks to a built-in flexibility mechanism negotiated with suppliers. Plans for a fifth regasification unit are also underway to accommodate the remaining 46 LNG incoming shipments, we were told.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI- <\/strong>Electricity consumption hit a new peak at 39.4 GW on Sunday, after a few days of extreme heat pushed energy demand to a series of record highs. Rising demand at home and a fall in domestic supply has pushed Egypt to increasingly rely on LNG imports to keep the lights on and prevent a return to the days of planned outages.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a href=\"https:\/\/mailchi.mp\/enterpriseam.com\/2025egyptforum\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/6\/756.jpg?ssl=1\"\/><\/a> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Mark your calendar for the 2025 EnterpriseAM Egypt Forum<\/strong>, our flagship forum and part of our must-attend series of invitation-only, C-suite-level gatherings. Tap to register your interest to attend. <strong>Want to partner with us? <\/strong>Reach out to Moustafa Taalab at mtaalab@enterprisemea.com to explore sponsorship opportunities<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">THE BIG STORY ABROAD-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Gaza\u2019s hunger crisis reaches catastrophic levels. <\/strong>The UN-backed Integrated Food Security Phase Classification issued a food insecurity and malnutrition alert earlier today, noting that the \u201cworst-case scenario of famine\u201d is playing out in Gaza, and warning that lack of immediate action will lead to widespread hunger-related deaths. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>While the alert is not an outright formal declaration of famine<\/strong>, it follows an alarmingly increasing rate of malnutrition-caused Palestinian deaths \u2014 in the past 24 hours alone, 14 more Palestinians have perished from hunger, according to Gaza\u2019s Health Ministry. For a formal famine declaration to be issued, the IPC requires data that cannot be obtained given the lack of access to the strip. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER<\/strong>- Over 100 international aid organizations and human rights groups called for restrictions on aid to be lifted last week. On Sunday, Israel announced a ten-hour daily pause on military operations in Gaza until further notice, allowing aid to enter the strip following international pressure. UN members and Palestinians on the ground, however, said that not much has changed.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI- <\/strong>Egyptian President Abdel Fattah El Sisi called on US President Donald Trump in a televised speech yesterday afternoon to urge an end to the war in Gaza, noting that conditions in the strip have become \u201c <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/41b85dc0-9fb0-4e93-adee-34ca3a66a4dd\/el-sisi-calls-on-trump-to-end-the-war-and-allow-aid-into-gaza\" style=\"\" rel=\"noopener\">tragic and intolerable<\/a>.\u201d Trump pledged to set up food centers, condemning Israel for limiting aid and commenting that there is \u201creal starvation\u201d in Gaza \u2014 opposing Israeli PM Benjamin Netanyahu, who claims otherwise. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>MEANWHILE-<\/strong> Germany and Spain announced plans to airdrop food and other supplies into the strip. However, both acknowledged that it will not be enough. \u201cWe know that this can only be a very small help for the people in Gaza, but at least it is a contribution that we are happy to make,\u201d German Chancellor Friedrich Merz said. (<a target=\"_blank\" href=\"https:\/\/www.who.int\/news\/item\/29-07-2025-ipc-gaza-strip-food-insecurity-and-malnutrition-alert\" style=\"\" rel=\"noopener\">WHO<\/a> | <a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/mideast-wars-gaza-famine-israel-warning-d14ca629a68f7bdefe9c2fcc67d62224\" style=\"\" rel=\"noopener\">AP<\/a> | <a target=\"_blank\" href=\"https:\/\/edition.cnn.com\/world\/live-news\/israel-hamas-gaza-news-07-29-25\" style=\"\" rel=\"noopener\">CNN<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bbc.com\/news\/live\/cdrkj810plvt\" style=\"\" rel=\"noopener\">BBC<\/a>) <\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"\/egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>\u2600\ufe0f <\/strong><strong>TOMORROW\u2019S WEATHER- <\/strong>It seems the worst of the heat wave is behind us, with temperatures set to peak at a relatively cooler 37\u00b0C in the capital tomorrow, before dropping to 25\u00b0C. We\u2019re also expecting cooler temperatures up north, with a high of 29\u00b0C and a low of 26\u00b0C, according to our favorite weather app. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good afternoon, friends, and congratulations on making it to the half-way mark of the workweek. It\u2019s another calm day at home, whereas abroad, the hunger crisis in Gaza continues to dominate global headlines. THE BIG STORY TODAY- Egypt has secured LNG shipments through 2026 at a total estimated cost of USD 8 bn, a government [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":669203,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7213],"tags":[104,93,633,91,634],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-669202","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-tonight","tag-economy","tag-energy","tag-enterprisepm","tag-oil-and-gas","tag-what-were-tracking-tonight","wpautop","entry"],"acf":{"mongo_id":"87adb976-2444-4470-b167-7d59c8daa1e0","order":"1","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2024\/12\/642.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Egypt secures LNG shipments through 2026 at total estimated cost of USD 8 bn","related_issue":[669200],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/7\/.cc23a0dd-a66f-4276-8b7f-f3ade0e138cd.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Egypt secures LNG shipments through 2026 at total estimated cost of USD 8 bn - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2025\/07\/29\/egypt-secures-lng-shipments-through-2026-at-total-estimated-cost-of-usd-8-bn\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt secures LNG shipments through 2026 at total estimated cost of USD 8 bn\" \/>\n<meta property=\"og:description\" content=\"Good afternoon, friends, and congratulations on making it to the half-way mark of the workweek. It\u2019s another calm day at home, whereas abroad, the hunger crisis in Gaza continues to dominate global headlines. 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The news cycle has hit the ground running this week, so let\u2019s dive in.THE BIG STORY TODAY-? The Oil Ministry signed a USD 4 bn agreement with the US\u2019 Hartree Partners for long-term LNG supplies, US Deputy\u2026","rel":"","context":"In &quot;WHAT WE\u2019RE TRACKING TONIGHT&quot;","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/10\/985.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":662004,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/03\/09\/govt-sets-pricing-and-payment-terms-for-summer-lng-supply-agreements\/","url_meta":{"origin":669202,"position":1},"title":"Gov\u2019t sets pricing and payment terms for summer LNG supply agreements","author":"enterpriseam admin","date":"9 March 2025","format":false,"excerpt":"Hello all you wonderful people, and happy Sunday. Today we have a packed issue for you, with all the latest with the government\u2019s new pricing and payment terms for summer LNG shipments, the state of Turkish investment in Egyptian manufacturing, and a deep dive into the nature of awkwardness.THE BIG\u2026","rel":"","context":"In &quot;WHAT WE\u2019RE TRACKING TONIGHT&quot;","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/3\/630.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":659931,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/04\/govt-locks-in-60-lng-shipments-for-2025\/","url_meta":{"origin":669202,"position":2},"title":"Gov\u2019t locks in 60 LNG shipments for 2025","author":"enterpriseam admin","date":"4 February 2025","format":false,"excerpt":"The agreements include five shipments a month, each worth some USD 50 mn","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/9\/483.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":669232,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/07\/30\/govt-locks-in-lng-supply-through-2026-plans-to-boost-domestic-production-for-export\/","url_meta":{"origin":669202,"position":3},"title":"Gov\u2019t locks-in LNG supply through 2026, plans to boost domestic production for export","author":"enterpriseam admin","date":"30 July 2025","format":false,"excerpt":"Plans to secure a fifth regasification unit are underway to accommodate the incoming shipments","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/3\/669.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":675798,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/11\/19\/egypt-returns-to-global-lng-market-to-fill-supply-gap\/","url_meta":{"origin":669202,"position":4},"title":"Egypt returns to global LNG market to fill supply gap","author":"enterpriseam admin","date":"19 November 2025","format":false,"excerpt":"The Madbouly government has secured strategic medium-term contracts for LNG through June 2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/3\/669.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":665814,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/25\/negotiations-underway-for-60-lng-summer-shipments-for-up-to-usd-2-5-bn\/","url_meta":{"origin":669202,"position":5},"title":"Negotiations underway for 60 LNG summer shipments for up to USD 2.5 bn","author":"enterpriseam admin","date":"25 May 2025","format":false,"excerpt":"The shipments will help make up for a dip in Israeli gas flows expected to continue till August","rel":"","context":"In 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