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Markets Print edition: 2025-12-15

Egypt proposes unified Arab emergency oil and gas purchase mechanism

Published December 15, 2025 Updated December 15, 2025 04:59am
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By Reuters
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CAIRO: Egypt has proposed five new initiatives to strengthen Arab energy security, including an Arab energy interconnection map and coordinated emergency oil and LNG purchases, the petroleum ministry said on Sunday.

Attending an Organization of Arab Petroleum Exporting Countries ministerial meeting in Kuwait, Egyptian petroleum minister Karim Badawi also proposed a digital investment platform covering upstream, downstream and renewable energy projects.

LNG GAS Egypt Oil

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