QatarEnergy and Egypt’s Ministry of Petroleum and Mineral Resources signed a Memorandum of Understanding (MoU) that will allow for the supply of up to 24 cargoes of liquefied natural gas (LNG) during the summer of 2026. The partnership seeks to strengthen energy cooperation between the two countries and meet the Egyptian market’s growing demand for gas.
The signing of the agreement took place in Doha, at QatarEnergy’s headquarters, in the presence of the Qatari Minister of Energy and CEO of the company, Saad Sherida Al-Kaabi, and his Egyptian counterpart, Karim Badawi.
Supporting Egypt’s energy demand
The LNG supply to Egypt is scheduled for the 2026 summer season, an important period when the North African country’s energy demand intensifies due to high industrial and domestic consumption. This delivery is part of a cooperation that had already been brewing with previous agreements between the two nations.
Al-Kaabi stressed that this new step “strengthens the bilateral relationship” and allows QatarEnergy to contribute to Egyptian economic and industrial development through a secure and stable energy supply.
QatarEnergy and EGAS aim for long-term agreements
In addition to the 24 agreed cargoes, QatarEnergy and Egypt’s state-owned Egyptian Natural Gas Holding Company (EGAS) agreed to begin talks to establish additional long-term LNG supplies. This dialogue opens the door to sustained cooperation that could make Qatar one of Egypt’s main energy suppliers in the coming years.
Both parties believe that the use of LNG represents an efficient and flexible solution to support the energy transition and ensure security of supply in the country of the Nile.
A strategy in line with QatarEnergy’s global expansion
This agreement is also part of QatarEnergy’s global expansion strategy, which seeks to increase its LNG export capacity by LNG export capacity from the current 77 million tons per year to 160 million tons in the coming years. Projects such as North Field in Qatar and Golden Pass in the United States, a partnership with ExxonMobil, are key parts of this ambition.
Source: QatarEnergy