Egypt Mulls LNG Imports to Avoid Shortages During Summer Heat
- Red Sea attacks are posing logistical challenge for shipments
- Nation has curbed winter exports in a sign of shortfall
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Egypt is looking at buying liquefied natural gas to stave off fuel shortages this summer, but violence in the Red Sea region is posing a challenge.
The nation has inquired about LNG for delivery as early as next month and through the summer, according to people with knowledge of the matter. It would be routed through an existing facility in Jordan, although Egypt is seeking its own floating terminal, they said, declining to be identified because the plans haven’t been made public.