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Saudi Arabia and Libya funded purchase of gas cargoes to help Egypt ease its energy crisis

Middle East News

2024-09-02 | 08:26

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Saudi Arabia and Libya funded purchase of gas cargoes to help Egypt ease its energy crisis

Saudi Arabia and Libya have financed the purchase of gas cargoes worth at least $200 million to help Egypt ease its energy crisis this summer amid a steep decline in domestic gas output, two industry sources familiar with the matter said.

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