Delays in Egyptian LNG Unloadings Are Disrupting Gas and Shipping Markets
Delays in unloading LNG cargos at Ain Sokhna in Egypt are exacerbating the shortage of LNG tankers in the Atlantic. Ain Sokhna lies on the western coast of the Red Sea, 30 miles south of Suez. Besides its LNG facilities, Ain Sokhna has container, bulk, and general cargo terminals. There is also a logistics park developed by DP World. Historically, Egypt has been a net exporter of LNG, although it began importing some LNG in 2015. But from 2024...
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