Egypt’s stretched fuel provides and rising fuel deficit have swung closely into focus in current weeks, with Cairo shifting rapidly to safe each long-term and short-term LNG to offset an anticipated drop in Israeli pipeline provides and a structural decline in Egyptian manufacturing (MEES, 21 Might).
Egypt imported 4 cargoes (280,000 tons) of LNG throughout the first three weeks of Might, based on Kpler, however MEES understands that quantity may double by the top of the month as Cairo may import an additional 4 cargoes over the following seven days. (CONTINUED – 886 WORDS)
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