Egypt Seeks Earlier LNG Imports as Israel Cuts Gas Amid Iran War

Article content(Bloomberg) — Egypt is seeking to bring forward imports of some liquefied natural gas cargoes after energy supplier Israel shuttered some fields following its strikes on Iran, according to people familiar with the matter.Sign In or Create an AccountEmail AddressContinueor View more offersArticle contentIsraeli gas supplies to Egypt have come to a complete halt, said an Egyptian official who asked not to be identified because of the sensitivity of the matter. To make up for any shortfall, the North African country is expediting LNG shipments it contracted in mega deals last year, two people familiar with the plans said.Article contentWe apologize, but this video has failed to load.Try refreshing your browser, ortap here to see other videos from our team.Article contentArticle contentEgypt typically receives about 1 billion cubic feet of natural gas per day via a pipeline from neighboring Israel.Article contentTop StoriesGet the latest headlines, breaking news and columns.There was an error, please provide a valid email address.Sign UpBy signing up you consent to receive the above newsletter from Postmedia Network Inc.Thanks for signing up!A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againInterested in more newsletters? Browse here.Article contentIsrael earlier on Saturday ordered the temporary shutdown of some natural gas reservoirs as a security measure after launching attacks with the US on Iran.

The Energy Ministry hasn’t specified which fields were affected; Israel operates three natural gas rigs in its waters, some of which export to Egypt and Jordan.Article contentThe move mirrors steps taken last year when Iran previously came under Israeli attack, and retaliated. Back in June, Israel shut its biggest gas field — Leviathan — as well as Karish, cutting off supplies to import-dependent Egypt.Article contentEgyptian energy officials weren’t immediately available to comment. The country said on Saturday evening it had “implemented a series of proactive measures to secure energy supplies for the local market, including natural gas and petroleum products.” Article contentSteps in 2025 “secured additional LNG quantities for extended periods to meet electricity, industry, and citizen needs by diversifying supply sources alongside local production,” according to an Oil Ministry statement.Article content—With assistance from Galit Altstein.Article contentTrending Explosions in Dubai and Abu Dhabi jolt Mideast financial hubs PMN Business Canada's housing market suffers largest price decline among major economies, says BIS Real Estate Canada's economy shrinks, dragging 2025 growth to slowest pace since height of pandemic Economy The (high) opportunity cost of paying off your mortgage early Mortgages This TSX top performer surged 18% this week with a potentially powerful 'catalyst' waiting in the wings, says TD analyst Investor Share this article in your social networkCommentsYou must be logged in to join the discussion or read more comments.Create an AccountSign in Join the Conversation Postmedia is committed to maintaining a lively but civil forum for discussion. Please keep comments relevant and respectful. Comments may take up to an hour to appear on the site. You will receive an email if there is a reply to your comment, an update to a thread you follow or if a user you follow comments. Visit our Community Guidelines for more information. Explosions in Dubai and Abu Dhabi jolt Mideast financial hubs PMN Business Canada's housing market suffers largest price decline among major economies, says BIS Real Estate Canada's economy shrinks, dragging 2025 growth to slowest pace since height of pandemic Economy The (high) opportunity cost of paying off your mortgage early Mortgages This TSX top performer surged 18% this week with a potentially powerful 'catalyst' waiting in the wings, says TD analyst Investor