SEATTLE (Oil Monster): Egypt’s liquefied natural gas (LNG) imports from the United States recorded a sharp fall in May this year. The imports totalled 300,000 metric tons (mt), falling to nearly 50% of its average monthly intake of approximately 600,000 mt. The reduced imports were mainly attributed to planned maintenance activities at major US LNG export terminals.
The U.S. LNG export market witnessed a broader slowdown in May 2026, with volumes dropping to approximately 10.2 million mt during the month. The dip was mainly due to seasonal spring maintenance by operators. It must be noted that the maintenance works were postponed to take full advantage of the favourable market conditions earlier in the year.
Despite the temporary reduction in shipments, the United States continued to remain as Egypt’s leading LNG supplier and largest energy investor. The export credit insurance to support future LNG exports to Egypt by the Export-Import Bank of the United States (EXIM) in April amounted to more than $2 billion. This is expected to boost LNG deliveries in 2026 and 2027.
According to industry experts, Egypt’s LNG imports are likely to remain elevated in the coming months.
YOU MAY ALSO BE INTERESTED IN:
Egypt's Cargas Eyes Nigeria Expansion to Accelerate CNG Transport Growth
Egypt, TotalEnergies Sign Mediterranean Gas Exploration Deal
