Egypt to start exporting liquefied gas to Lebanon by the end of this year

Egypt to start exporting liquefied gas to Lebanon by the end of this year
Tarek El Molla, pictured in 2017 (Getty)
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Updated 01 November 2021
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Egypt to start exporting liquefied gas to Lebanon by the end of this year

Egypt to start exporting liquefied gas to Lebanon by the end of this year

CAIRO: Egyptian Petroleum Minister, Tarek El Molla, said he expects Egypt to start exporting liquified gas to Lebanon by the end of this year, during an interview with CNBC Arabia.

El-Molla said Egypt exports about 1.8 billion cubic feet of gas per day, adding that the production of gas currently ranges between 7 and 7.2 billion cubic feet per day.

The minister also added that he expects the sector to attract investments of about $6.5 billion this year, after it decreased to about $5.5 billion last year.