Major Win for American Energy: EXIM Approves $2B+ to Send U.S. LNG to Egypt
Washington, D.C. - The Export-Import Bank of the United States (EXIM) Board of Directors this week approved an export credit insurance authorization of more than $2 billion supporting U.S. liquefied natural gas (LNG) exports to Egypt, advancing Trump Administration priorities to expand American energy dominance, bolster domestic supply chains, and reinforce U.S. economic security.
As global demand for reliable energy grows, the approval extends EXIM’s efforts to ensure American producers and exporters are positioned to compete and win in strategic markets. Expanding U.S. LNG exports helps sustain jobs across the American energy sector and strengthens the United States’ role as a dependable energy supplier to partners around the world.
"American energy is in demand, and American workers deserve to be the ones supplying it," said Chairman John Jovanovic. "This authorization puts U.S. energy molecules to work in a critical market, stands behind American exporters who need a partner willing to compete, and deepens a strategic relationship that secures our supply chains and opens new doors for U.S. industry."
The authorization is expected to support LNG shipments scheduled across 2026 and 2027 under Hartree’s contracts with EGPC, expanding access to reliable American energy supplies while strengthening commercial ties between the United States and Egypt.
EXIM continues to play a key role in helping American exporters compete and win in critical markets while supporting good-paying jobs and reinforcing U.S. leadership in global energy security.
ABOUT EXIM
As the United States government’s official export credit agency, the Export-Import Bank of the United States (EXIM) supports American jobs by facilitating U.S. exports. As an independent agency, EXIM plays a critical role in supporting economic growth, securing critical supply chains, and ensuring American businesses are given a fighting chance. To achieve this mission, EXIM offers financing including export credit insurance, working capital guarantees, loan guarantees, and direct loans. Learn more at www.exim.gov.