QatarEnergy and Egypt signed an MoU to expand LNG cooperation, including up to 24 cargoes in 2026 and potential long-term supplies.
QatarEnergy and Egypt’s Ministry of Petroleum and Mineral Resources have formalized a new phase of strategic energy cooperation by signing a memorandum of understanding (MoU) aimed at expanding collaboration across the hydrocarbons sector, with a strong emphasis on liquefied natural gas (LNG) supplies to Egypt. The agreement underscores the deepening energy relationship between the two countries at a time when Egypt is seeking to secure reliable fuel sources to meet rising domestic demand driven by economic growth, industrial expansion, and population increases.
The MoU was signed in Doha by Saad Sherida Al-Kaabi, Qatar’s Minister of State for Energy Affairs and President and Chief Executive Officer of QatarEnergy, alongside Karim Badawi, Egypt’s Minister of Petroleum and Mineral Resources. The signing ceremony highlighted the shared commitment of both governments to strengthening bilateral energy ties and enhancing long-term cooperation in natural gas and LNG markets.
Speaking at the event, Al-Kaabi emphasized that the newly signed MoU builds on the momentum created by recent collaborative efforts between Qatar and Egypt, particularly in the supply of LNG. He noted that the agreement reflects QatarEnergy’s readiness to support Egypt’s growing energy requirements, especially as the country continues to expand its industrial base and pursue broader economic development goals. According to Al-Kaabi, ensuring dependable LNG supplies will play a crucial role in helping Egypt maintain energy security during periods of peak demand, including the summer months when electricity consumption typically rises.
Under the terms of the MoU, the two sides have established a framework for broader and more structured cooperation across the energy value chain. A central component of this framework is the potential for long-term LNG deliveries from QatarEnergy to Egypt. As an initial step, QatarEnergy and the Egyptian Natural Gas Holding Company have reached an understanding to supply up to 24 LNG cargoes to Egypt during the summer of 2026. These cargoes are expected to help Egypt meet seasonal demand spikes and stabilize gas supplies for power generation and industrial use.
Beyond the 2026 summer supply arrangement, the MoU also opens the door for discussions on additional LNG volumes and longer-duration supply agreements. Both parties have agreed to explore options for expanding the scale and duration of LNG deliveries, signaling an intention to move toward more enduring commercial arrangements. Such discussions could result in multi-year supply contracts that would further cement Qatar’s role as a key LNG supplier to Egypt.
For Egypt, the agreement comes at a critical juncture as the country balances its ambition to be a regional energy hub with the need to satisfy domestic consumption. Securing flexible and reliable LNG imports from a leading global exporter like Qatar supports this objective while providing greater resilience against market volatility. For QatarEnergy, the MoU reinforces its position as a dependable supplier to strategic partners and aligns with its broader strategy of strengthening long-term customer relationships in key regional markets.
Overall, the QatarEnergy–Egypt MoU represents a significant step toward deeper energy integration between the two nations. By combining short-term LNG supply commitments with a pathway toward longer-term cooperation, the agreement lays the groundwork for sustained collaboration that benefits both countries’ energy security and economic development objectives.
