EnergyEnergy: changes to oil or gas supply can affect Gulf export revenue and Kuwait fuel costs.
Iran War Doubles Egypt’s LNG Bill as Gas Output Keeps Falling
In simple terms
The war on Iran has doubled what Egypt pays for imported LNG, and Cairo is deferring cargoes into 2027 and burning fuel oil in its power plants to reduce the bill.
The News
The article reports that the conflict with Iran has doubled Egypt’s cost of imported liquefied natural gas. It says Cairo is responding by postponing some LNG cargoes until 2027 and using fuel oil at power plants to limit expenses. The report also states that Egypt’s natural gas production…
Earlier coverage
Earlier coverage on GreyNews
- Chinese Penetrate South Korea’s LNG Carrier MarketNov 3, 2026 · Hellenic Shipping News
- Why Supplying Europe With LNG Has a Best-Before DateNov 3, 2026 · OilPrice
- Oil Prices Bounce Back Following Reports of U.S. Strikes on IranNov 3, 2026 · OilPrice
- Gold Holds Biggest Jump in Two Months on Iran Peace-Deal HopesNov 3, 2026 · Bloomberg
- Pakistan LNG Cargo Attacked Near Hormuz Had Iranian ApprovalNov 2, 2026 · gCaptain
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