Commodities
US LNG Imports Surge to Record High as Egypt Diversifies Gas Supplies
Egypt's liquefied natural gas (LNG) imports from the United States reached a record high in June 2026, surging 236% year-on-year to 86.05 billion cubic feet.
This marks the highest level recorded since 2016, surpassing the previous peak of 61.45 bcf registered in November 2025.
The surge in imports underscores Egypt's growing reliance on external gas supplies to stabilize its electricity grid, with domestic natural gas production having fallen from approximately 70 billion cubic meters (bcm) in 2021 to around 49 bcm in 2024.