Cairo, Egypt – The Egyptian Ministry of Petroleum and Mineral Resources announced on Saturday the export of a new shipment of liquefied natural gas (LNG) to Greece.
This is part of the country’s efforts to consolidate its position as a regional energy trading hub.
150,000 cubic meters of gas
The ministry explained in an official statement that the shipment was exported
from the Edko liquefaction and export complex via the giant ship GASLOG GIBRALTAR.
The shipment is destined for the global company Shell.
Its quantity is estimated at about 150,000 cubic meters of liquefied natural gas.
Enhancing Egypt’s regional energy position
The statement confirmed that this operation is part of the Ministry
of Petroleum and Mineral Resources’ strategy.
Which aims to achieve two main objectives: encouraging foreign
partners to inject more of the necessary investments,
This is to increase natural gas production.
And to strengthen Egypt’s role as a pivotal regional hub for energy trade
and exchange in the Eastern Mediterranean region.
The export of these large shipments to Europe demonstrates the continued
close cooperation between the Egyptian government and major international companies.
Such as “Shell”, which supports Egypt’s position in international energy markets.
