Egypt Turns to Qatar for LNG as Domestic Gas Output Falters

QatarEnergy and the Egyptian government have inked a preliminary deal for the supply of at least 24 cargoes of liquefied gas to Egypt this year, as the North African country seeks to diversify its sources of energy. The deal follows another, long-term one, which the Egyptian government closed with the Israeli government last month. The deal is worth $35 billion, the National noted in a report on the news. Per the terms of that agreement, Israel will export 130 billion cu m of natural gas from the giant Leviathan field in the Mediterranean at a…