Industry sources aware of the matter told Reuters.

Agreements have been reached with global energy companies and trading houses including Saudi Aramco, Shell, Vitol, Trafigura, BGN, SOCAR, and PetroChina, the sources said.

Egypt's Ministry of Petroleum and the Egyptian Natural Gas Holding Company did not immediately respond to Reuters' quest for comment.

The cargoes, of which between 50-60 will be used to cover this year's summer demand and the rest through 2026, were priced at a premium of $0.70-$0.75 above the gas price at the Dutch TTF hub, with a 9-month deferred payment and with flexibility to defer cargoes.

--Reuters--