Egypt’s LNG exports have bounced back this month after domestic gas shortages and war in Israel have curbed output this year.

Kpler data showed this week that Egypt has exported three full cargoes so far this month and a fourth vessel has a port call for Idku on Thursday. One of those cargoes is destined for Europe, while the rest are Asia-bound. The upcoming loading had no destination as of Dec. 18. 

“Kpler forecasts Egypt to export 0.35 million tons (Mt) in December, up from 0.18 Mt in November. We see full-year liquefied natural gas exports at 3.5 Mt in 2023,” Kpler analyst Ana Subasic told NGI. 

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