According to Reuters, Egypt is expected to award its 12-cargo LNG tender to Spain’s Gas Natural Fenosa and three Swiss-based trading houses for supplies in the first quarter of 2018.
The final allocation may change but traders currently expect Egyptian Natural Gas Holding (EGAS) to award the Spanish gas company five shipments, trader Trafigura to supply three, Vitol three and Glencore one.
EGAS is seeking to bring in nine of the cargoes via Egypt’s two floating import terminals and three cargoes through a Jordanian terminal.
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/07112017/egyptian-cargo-awarded-to-gnf-and-three-swiss-traders/
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