LSE:SHELOil and Gas
Shell’s Egypt LNG Push Reshapes Gas Portfolio And Regional Risk Profile
Shell (LSE:SHEL) is expanding natural gas production and LNG export infrastructure in Egypt.
The company is working with Egypt’s Ministry of Petroleum to optimize the Idku LNG plant.
The move increases Shell’s exposure to a key regional gas and LNG export hub in the Mediterranean.
For Shell, Egypt sits at the intersection of its global LNG portfolio and the broader shift toward lower carbon fuels such as natural gas. The company’s focus on Idku and upstream gas development links production...