As Egypt’s role as an option for sending more natural gas to Europe solidifies, the country’s petroleum ministry has announced a new tentative partnership with Chevron Corp. to explore ways to boost its liquefied natural gas (LNG) exports.

In a memorandum of understanding (MOU) announced by Egypt’s Ministry of Oil and Mineral Resources, Chevron and Egyptian Natural Gas Holding Co. (EGAS) recently formed a negotiating committee to agree on future projects. According to the ministry, both companies would focus on “transporting gas available in the Middle East to Egypt to maximize its value by sending it for re-export and sale,” with an emphasis on low-carbon natural gas production.

Chevron’s Ray Fohr, spokesperson for Africa and South America operations, told NGI the...