Story perspectives

Chevron Expands Israeli Gas Deliveries to Egypt Amid Demand Surge

9/11/2025

Summary

Story summary

Chevron is boosting Israeli gas deliveries to Egypt to meet rising demand and plans to increase U.S. LNG imports.
At the Gastech conference in Milan, the company’s president highlighted Egypt's urgent gas needs.
Egypt has become a major LNG importer, with imports doubling since 2018 due to declining domestic production.
A $35 billion long-term gas agreement between Israel and Egypt was announced, Israel's largest deal to date.
Chevron is exploring floating LNG solutions and considering opportunities in Nigeria and Argentina.

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Story summary

Chevron is boosting Israeli gas deliveries to Egypt to meet rising demand and plans to increase U.S. LNG imports.
At the Gastech conference in Milan, the company’s president highlighted Egypt's urgent gas needs.
Egypt has become a major LNG importer, with imports doubling since 2018 due to declining domestic production.
A $35 billion long-term gas agreement between Israel and Egypt was announced, Israel's largest deal to date.
Chevron is exploring floating LNG solutions and considering opportunities in Nigeria and Argentina.