Qatar supplies free LNG for the summer

Qatar has agreed to supply free natural gas to Egypt via a swap arrangement to relieve pressure on gas demand over the summer. According to a 10 June statement on Qatar News Agency, Sheikh Tamim Bin Hamad Al-Thani, heir apparent to Emir Sheikh Hamad Bin Khalifa Al-Thani, personally ordered the donation of five LNG shipments to Egypt “in a bid to curb an energy production crisis in the Egyptian local market during the summer”. The gas will be delivered to Egypt’s international customers, enabling it to retain more gas for domestic generation.