LNG: Egypt Seeks LNG Buy Tender

Egypt’s EGAS is looking to buy an LNG cargo on a DES basis for May 29-30 delivery to the Aqaba import terminal in Jordan, according to Bloomberg.

• The gas will be re-routed to Egypt, Bloomberg said.
• The tender closes May 16.
• Egypt is typically a net exporter of LNG but is looking to acquire cargoes to avoid the chronic blackouts seen in 2023.
• Egypt will also receive an FSRU, Hoegh Galleon, in June, to be located in Ain Sokhna for 19-20 months. This will enable direct LNG imports.