QatarEnergy has signed a Memorandum of Understanding (MoU) with the Ministry of Petroleum and Mineral Resources of the Arab Republic of Egypt to strengthen cooperation in the energy sector, with special focus on the supply of LNG from QatarEnergy to Egypt.
The agreement was signed by Minister of State for Energy Affairs, President and CEO of QatarEnergy HE Saad Sherida Al Kaabi, and Minister of Petroleum and Mineral Resources of Egypt Karim Badawi, in a special ceremony held at QatarEnergy’s headquarters in Doha.
HE Saad Sherida Al-Kaabi Qatar Minister of State Energy Affairs President and CEO – QatarEnergy
“We are pleased to further enhance our cooperation with the Arab Republic of Egypt. This agreement builds on our recent successful cooperation with Egypt particularly with respect to the supply of LNG from QatarEnergy’s portfolio. This MoU further strengthens our bilateral relationship as we work jointly towards additional supplies of long-term LNG to meet Egypt’s growing demand for energy to fuel its robust economic and industrial growth. We look forward to collaborating with the Egyptian Ministry of Petroleum and Mineral Resources and with all our partners in Egypt to further strengthen our cooperation and to support Egypt with its future LNG requirements.”
The MoU paves the way for continued and strengthened cooperation in the energy sector, including the long-term delivery of LNG. Under this agreement, QatarEnergy and the Egyptian Natural Gas Holding Company (EGAS) have already reached a deal for the supply of up to 24 LNG cargoes scheduled for the summer of 2026.
In addition, both parties have agreed to initiate further discussions on additional and long-term LNG supplies to Egypt, aiming to support Egypt’s growing energy demand and enhance regional energy security.
