# LNG import bill set to jump 185% this month, petroleum ministry source says

> Egypt’s LNG import bill is expected to rise 185% year on year in November to about $2.21 billion, with the cost of a cargo reported at roughly $100 million. The country’s gas deficit is nearing 3.3 billion cubic feet per day, and it is covering the shortfall with imports from Israel and LNG cargoes.

- Date: 2026-11-08 · published 2026-11-08T18:08:18.850Z
- Category: trade · region Egypt · magnitude medium
- Page: https://feedsoft.ai/events/87747-lng-import-bill-set-to-jump-185-this-month-petroleum-ministry-source-says
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Higher global LNG prices and Egypt’s large import requirement increase demand for seaborne gas and raise the cost of meeting domestic power and industrial needs. This adds upward pressure to LNG and natural-gas prices, particularly while shipping and supply disruptions persist.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2020-10-20 | [U.S. natgas jump to 20-month high on rising LNG exports, cold weather](https://feedsoft.ai/events/7677-u-s-natgas-jump-to-20-month-high-on-rising-lng-exports-cold-weather.md) | +21.5% | +4.8% |
| NATGAS | 2017-03-29 | [After six decades, U.S. set to turn natgas exporter amid LNG boom](https://feedsoft.ai/events/72167-after-six-decades-u-s-set-to-turn-natgas-exporter-amid-lng-boom.md) | +5.0% | -0.2% |
| NATGAS | 2021-04-13 | [Analysis: Greece sees LNG imports drop in Q1 as Azeri pipeline flows begin \| S&P Global](https://feedsoft.ai/events/47786-analysis-greece-sees-lng-imports-drop-in-q1-as-azeri-pipeline-flows-begin-s-and.md) | +8.7% | +15.8% |
| NATGAS | 2022-03-30 | [The LNG Export Boom Is Draining U.S. Natural-Gas Supplies and Lifting Prices](https://feedsoft.ai/events/42449-the-lng-export-boom-is-draining-u-s-natural-gas-supplies-and-lifting-prices.md) | +12.4% | +33.0% |
| NATGAS | 2016-12-21 | [Cold snap drives China LNG imports to record in November \| Business News - The Indian Express](https://feedsoft.ai/events/73642-cold-snap-drives-china-lng-imports-to-record-in-november-business-news-the.md) | +12.2% | +2.0% |

## Sources

- almanassa.com: https://almanassa.com/en/news/34849
- manassa.news: https://manassa.news/en/news/34849

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.