QatarEnergy ExxonMobil Egypt Cyprus Gas Development Deal
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Source: Discovery Alert
A memorandum of understanding signed in May 2026 between QatarEnergy, ExxonMobil, and the Egyptian government to jointly study the technical and commercial feasibility of routing Cypriot offshore gas discoveries through Egypt's existing natural gas and LNG export infrastructure for commercialisation in global markets. The project aims to unlock stranded offshore gas via Egypt's LNG infrastructure,
- Status
- Prospective
- Sector
- Natural Gas, LNG, Government, Commercial
- Location
- Egypt
- Updated
- 22 Jul 2026
- Source
- Discovery Alert
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Project Information
Participants
| Not available for this record. |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | A memorandum of understanding signed in May 2026 between QatarEnergy, ExxonMobil, and the Egyptian government to jointly study the technical and commercial feasibility of routing Cypriot offshore gas discoveries through Egypt's existing natural gas and LNG export infrastructure for commercialisation in global markets. The project aims to unlock stranded offshore gas via Egypt's LNG infrastructure, leveraging existing LNG export terminals at Idku and Damietta in Egypt. |
Original sector | Energy |
Budget |
Location
Country | Egypt |
Source
Source | Discovery Alert |
URL |
More Details
Record type | Project |
Sector | Natural Gas, LNG, Government, Commercial |
Article published date | 2026-05-26 |
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