Egypt Considers Securing Another LNG Vessel as Import Needs Jump

Egypt is considering adding yet another LNG import vessel, according to people familiar with the plan, as the nation that was exporting gas just a year ago is now rushing to lock in supplies to cover domestic demand.

A new vessel would add to the Energos Power ship that arrived in the North African country’s Alexandria port earlier this week and the Hoegh Galleon operating in Ain Sokhna. Two others — Energos Eskimo arriving this summer and another from Turkish company Botas — have also been tied up.