Egypt Plans to Finalize Large LNG Purchase Deals Over Next Week

Egypt has indicated that it plans in the coming week to finalize some purchases of liquefied natural gas for delivery over the next few years, as the country deepens its dependence on imports.

The government is in the final process to strike deals with as many as six companies — including Saudi Aramco, Trafigura Group and Vitol Group — to buy cargoes through June 2026, according to people with knowledge of the matter who asked not to be identified. It could buy more than 160 shipments for that period, the people said.