"Egypt becomes Arab World\u2019s biggest LNG exporter in Q2 2021"

" \n Egypt becomes Arab World\u2019s biggest LNG exporter in Q2 2021 \n \n\n \n The Arab countries\u2019 total global market share of the world\u2019s exports of liquified natural gas (LNG) amounted to 30% during the second quarter (Q2) of 2021, according to a report conducted by Expert Engineer at the Organization of Arab Petroleum Exporting Countries (OAPEC) Wael Hamed Abdel Moati. \n \n\n \n Egypt captured the lion\u2019s share of the Arab World\u2019s total LNG exports, as its total exports of LNG amounted to around 1.4 million tonnes in Q2 2021, the report highlighted. \n \n\n \n It is worth noting that Egypt has not exported any shipments of LNG during Q2 2020 due to lower prices in global spot markets. \n \n\n \n The Arab countries\u2019 total exports of LNG grew by 11.9% year-on-year (YoY) to 28.3 million tonnes in Q2 2021, versus 25.3 million in Q2 2020, the report showed. \n \n\n \n Read This: Transport Minister calls for collaboration against piracy upon election as MOWCA Chairman \n \n\n \n The report attributed the growth in the Arab world\u2019s total exports to higher exports from Qatar, Alegria, and Egypt as well as to gas liquefaction plants in the UAE and Oman that maintained operations with full capacity. \n \n\n \n Qatar\u2019s LNG exports stood at around 19.6 million tonnes in Q2 2021 , marking a growth rate of 3.7% YoY, while Alegria\u2019s exports of LNG rose by 6.9% YoY to 3.1 million tonnes in the same period. \n \n\n \n Meanwhile, Oman\u2019s LNG exports increased by 23.8% YoY to 2.6 million tonnes, and the UAE\u2019s exports reached 1.6 million tonnes in Q2 2021, the report added. \n \n\n \n Moreover, the report highlighted the growing number of the Arab Countries interested in hydrogen production projects to seven countries, namely the UAE, Alegria, Saudi Arabia, Iraq, Egypt, Oman, and Morocco. \n "

"Egypt becomes Arab World\u2019s biggest LNG exporter in Q2 2021"

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