Skip to main content

Engie to supply Egypt with three LNG cargoes

Published by
LNG Industry,


Reuters is reporting that Egyptian Natural Gas Holding Company (EGAS) has ordered three LNG cargoes from France's Engie in Q2 of 2018.

Trade sources have reported that Egypt has been looking to import five cargoes of LNG at competitive pricing, and that this most recent purchase was arranged through bilateral deals and not via a standard tender process.

Regarding future LNG imports, according to the Egyptian petroleum minister, Egypt plans to stop importing LNG by the end of the 2017/18 fiscal year as production at recently discovered gas fields speeds up.

Read the article online at: https://www.lngindustry.com/liquid-natural-gas/19022018/engie-to-supply-egypt-with-three-lng-cargoes/

 

Embed article link: (copy the HTML code below):


 

This article has been tagged under the following:

LNG import news


 

LNG Industry is not responsible for the content of external internet sites.