Pre-Trading Thoughts

State gas firm EGAS is seeking at least 17 LNG shipments in a tender, to be delivered over the next three months. International Cooperation Minister has signed agreements with US Ambassador to Egypt for eight USAID grants worth USD130 million to further the state’s developmental objectives. The new ministerial lineup could reportedly be delayed for several days. The Suez Canal Economic Zone signed USD10.8 billion worth of green hydrogen and ammonia projects in 2023. Pharos Energy reveal...