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Update: Market Chatter: Egypt, Energy Companies in Talks on Long-Term LNG Supply Deal

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(Update with Shell's response to a request for comment in the last paragraph.)

Shell (SHEL), TotalEnergies (TTE) and BP (BP) are in negotiations to supply 15 to 18 cargoes of liquefied natural gas per month to Egypt for at least three years, Reuters reported Tuesday, citing three trading and industry sources familiar with the matter.

The talks include Hartree Partners, two of the sources said, according to the report. Deals are yet to be finalized and may span up to five years, the report said.

Shell declined to comment, while TotalEnergies and BP did not immediately respond to requests for comments from.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: $87.05, Change: $+0.85, Percent Change: +0.99%

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