Egypt is seeking to import three shipments of liquefied natural gas (LNG) monthly, starting from July until October, for up to $120 million a month, an official source at the Ministry of Electricity told Asharq Business. Each shipment of the three equals 3 trillion British thermal units (BTU), which could save an average of 100 million cubic feet of natural gas a day for power plants for 10 days, the official highlighted. The Ministry of Electricity needs around 105 million cubic feet of natural gas and 10,000 tons of mazut daily this week to end the recurrent power cuts across the country, the source added. The ... (full story)