Egypt in talks with energy majors for multi-year LNG supply deal, sources say

Egypt is in talks with energy majors including Shell , TotalEnergies and BP  to buy 15 to ‌18 cargoes of liquefied natural gas per month for at least three years, three trading and industry sources familiar with the matter told Reuters.

The talks come as Egypt's domestic production struggles to keep pace with rising demand and as global LNG markets remain tight during the Iran conflict, ​which has curtailed shipping through the Strait of Hormuz and increased competition among buyers seeking to secure supplies.