Egypt’s LNG exports are re-gaining momentum after a summer dip. From just two cargoes for August, September saw nine cargoes (570,000 tons), the highest since May, whilst latest figures from data intelligence firm Kpler indicate that this figure will be topped for October, with seven cargoes (420,000 tons) having shipped so far this month.
This suggests that gas imports from Israel have likely rebounded from summer lows and that Egyptian domestic gas consumption has fallen from its summer peak – leaving more gas for export. (CONTINUED - 598 WORDS)