QatarEnergy mentioned Sunday it had signed a take care of Egyptian Pure Gasoline Holding Co to provide as much as 24 cargos of liquefied pure gasoline (LNG) to the North African nation for summer season 2026.
QatarEnergy’s on-line assertion on the settlement didn’t specify the quantity.
The state-owned corporations additionally agreed to launch talks “on extra and long-term provides of LNG from QatarEnergy to Egypt”, mentioned the assertion on QatarEnergy’s web site.
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QatarEnergy additionally mentioned it had inked a memorandum of understanding (MOU) with Egypt’s Petroleum and Mineral Sources Ministry “to strengthen cooperation within the power sector, with particular give attention to the availability of LNG from QatarEnergy to Egypt”.
QatarEnergy president and chief govt Saad Sherida Al-Kaabi, who can be Qatar’s power minister, mentioned, “This settlement builds on our latest profitable cooperation with Egypt notably with respect to the availability of LNG from QatarEnergy’s portfolio”.
Egypt has a “rising demand for power to gas its strong financial and industrial development”, Al-Kaabi mentioned.
Qatar in the meantime expects to develop its LNG manufacturing capability from the present 77 million metric tons every year (MMtpa) to 160 MMtpa by means of QatarEnergy’s North Discipline growth tasks at residence and Golden Move LNG in the USA, Al-Kaabi declared final yr.
Golden Move Begin-Up
QatarEnergy, together with companion Exxon Mobil Corp, expects to start out manufacturing at Golden Move “early” 2026, in line with a web-based assertion by their three way partnership December 9, 2025.
A cool-down LNG cargo from Ras Laffan, Qatar, arrived on the export terminal in Sabine Move, Texas, Golden Move LNG Terminal LLC mentioned within the assertion. “This cargo contributes to the subsequent section of commissioning and start-up actions, representing main progress towards first LNG from the Golden Move facility”, it mentioned.
“The cool-down cargo might be used to pre-cool the terminal’s LNG storage tanks and related gear previous to the graduation of LNG manufacturing.
“Golden Move LNG expects to start exporting LNG from Practice 1 early within the new yr”.
Lately the three way partnership reached an settlement with Chiyoda Worldwide Corp and McDermott LLC to amend the engineering, procurement and development phrases for the second and third trains, in line with a web-based assertion by Yokohama, Japan-based Chiyoda November 18, 2025.
Golden Move is permitted to export the equal of as much as 937 billion cubic ft a yr of pure gasoline to nations with a free commerce settlement (FTA) with the U.S. and non-FTA nations on a non-additive foundation. The U.S. Vitality Division issued the authorizations for the non-FTA and FTA exports in April 2017 and September 2017 respectively.
QatarEnergy owns 70 % of Golden Move. Spring, Texas-based ExxonMobil holds 30 %.
To contact the writer, electronic mail jov.onsat@rigzone.com
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