Egypt buys six high-sulphur fuel oil cargoes to cut gas import bill

[Attaqa] Egypt has bought six high-sulphur fuel oil cargoes for delivery in November and December 2026, according to Attaqa, a step taken as liquefied natural gas import costs rise and the country leans more on alternative fuels to meet electricity demand. Citing data it reviewed, Attaqa said the Egyptian General Petroleum Corporation purchased the cargoes through a recent tender.