Doha, Qatar – Qatar Energy announced that it has reached an agreement with the Egyptian Natural Gas Holding Company (EGAS). The agreement is to supply up to 24 shipments of liquefied natural gas to Egypt during the summer of 2026.
This step reflects the strengthening of bilateral cooperation in the energy sector between the two countries.
The agreement was signed in Doha in the presence of Saad bin Sherida Al-Kaabi, Minister of State for Energy Affairs
and President and CEO of QatarEnergy, and Karim Badawi, Egypt’s Minister of Petroleum and Mineral Resources.
Strengthening areas of joint cooperation
The signing coincided with the conclusion of a memorandum of understanding between QatarEnergy and Egypt’s Ministry of Petroleum and Mineral Resources. The memorandum aims to strengthen areas of mutual cooperation. It also explores opportunities for additional long-term supplies of natural gas.
Engineer Saad bin Sherida Al-Kaabi, in remarks reported by the Qatar News Agency, emphasized that the new agreement builds on successful partnerships. These partnerships were already established between Qatar Energy and Egypt.
He noted that the agreement aims to meet the growing energy demand in the Egyptian market. It supports economic and industrial growth in the upcoming phase.
Al-Kaabi explained that both sides have agreed to begin new discussions. These discussions are to secure Egypt’s future natural gas needs in a sustainable manner. This, he noted, will help enhance energy security. It will also support development plans.
Provides a reliable gas supply
He also highlighted that Qatar continues to play a pivotal role in providing reliable liquefied natural gas (LNG) supplies to regional and international markets.
The agreement reflects the importance of regional cooperation in the energy sector, particularly amid global challenges affecting gas markets.
It also underscores Egypt’s position as a key strategic partner for Qatar in the energy sector. Moreover, it highlights its pivotal role as a regional hub for the trade and liquefaction of natural gas.
This agreement comes as part of both countries’ efforts to deepen economic partnerships. It aims to enhance mutual benefits from available opportunities, supporting stable energy supplies and serving shared long-term interests.
