A view of a gas plant seen from the desert road of Suez outside Cairo, Egypt September 1, 2020. Picture taken September 1, 2020. REUTERS/Amr Abdallah DalshEgypt shipped 80% of its liquefied natural gas exports to Europe last year as the continent sought to replace Russian pipeline gas after Moscow's invasion of Ukraine.
Despite resuming LNG exports in October and November, the report and other analysts believe that the conflict will keep Egypt's LNG exports under pressure. Israel's gas exports to Egypt are part of Egypt's supply mix and therefore support Egyptian LNG exports.
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