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TTF Gas Jumps 3% as Hormuz Standoff Blocks LNG Flows
OilPrice.com·US · IR · NL·1 day ago
Egypt is negotiating with Chevron to accelerate connecting its LNG infrastructure to a gas field offshore Cyprus, aiming to solidify its position as a regional energy hub. The talks signal a push to expedite development timelines, though no binding agreement or specific schedule has been disclosed. This matters as it could reshape Eastern Mediterranean gas flows and enhance Egypt's export capacity.
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