Egypt’s latest LNG import terminals now operational

Two new LNG floating terminals, Energos Eskimo and Energos Power, are now operational in Egypt at the Ain Sokhna port on the Red Sea, according to Bloomberg. Egypt has become a major LNG importer amid worsening domestic gas production and high consumption, particularly in the summer months.  The most populous Arab country depends on LNG to help provide power to its growing population and raw materials to the nation's industries.