{"id":89558,"date":"2025-10-14T00:00:00","date_gmt":"2025-10-14T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2025\/10\/14\/egypt-greenlights-shell-petronas-export-ambitions\/"},"modified":"2025-10-14T00:00:00","modified_gmt":"2025-10-14T00:00:00","slug":"egypt-greenlights-shell-petronas-export-ambitions","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2025\/10\/14\/egypt-greenlights-shell-petronas-export-ambitions\/","title":{"rendered":"Egypt greenlights Shell, Petronas export ambitions"},"content":{"rendered":"

LNG exports will once again begin flowing out of Egypt <\/strong>after the Madbouly government gave energy players the green light to resume exporting during the winter months, a government source told EnterpriseAM. Exports will be on hold starting April as the country starts gearing up for the heightened demand that comes as the weather warms up again. <\/p>\n

But why?<\/strong> Despite local gas output falling to a nine-year low<\/a> in 2Q 2025, the Madbouly government believes the move to resume LNG exports will encourage international firms to increase their investment in the sector.<\/p>\n

Arrear settlements also mapped out: <\/strong>The move to reopen the door for exports comes alongside the government\u2019s efforts to settle the remaining USD 1.2 bn in arrears owed to international oil companies by year-end.<\/p>\n

The state will be settling a percentage of its arrears by allowing companies to <\/strong>export a larger share of their production<\/strong>, the source said. The move was the result of an expected bump in Israeli gas supplies, likely to start next month. <\/p>\n

Shell and Petronas got the green light to export two LNG cargoes during October and <\/strong>November<\/strong>, our source said. The first shipment left Egypt yesterday and is currently en route to Italy, the Oil Ministry said<\/a>.<\/p>\n

The long-term plan: <\/strong>Egypt plans to stop importing LNG by 2030 and significantly up exports by 2027. <\/p>\n","protected":false},"excerpt":{"rendered":"

The plan covers two cargoes per month, a total of ten, each valued between USD 27-28 mn<\/p>\n","protected":false},"author":1,"featured_media":89559,"comment_status":"","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":[41],"tags":[49,227,123,32],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-89558","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trade","tag-egypt","tag-lng","tag-shipping-maritime","tag-trade","wpautop","entry"],"acf":{"mongo_id":"e1fbaccc-3d5d-4901-90f5-af8e68868097","order":"5","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/7\/583.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Egypt greenlights Shell, Petronas export ambitions","related_issue":[89550],"teaser":"The plan covers two cargoes per month, a total of ten, each valued between USD 27-28 mn","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/10\/.820671e7-408a-435c-a904-5b82700a6594.mp3"},"yoast_head":"\nEgypt greenlights Shell, Petronas export ambitions - 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