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EGAS awards tender for 55 cargoes of LNG

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LNG Industry,


According to Reuters, seven companies reportedly met with Egyptian Natural Gas Holding Co. (EGAS) to discuss an LNG tender, including: Vitol, Noble Group, Trafigura, EDF Trading, PetroChina, Shell and Gas Natural.

Reuters now reports that EGAS will buy 55 LNG cargoes through a tender it has agreed to with those seven different companies. Originally, only 45 LNG cargoes were to be delivered.

EGAS reportedly said in a statement: “Head of EGAS, Khaled Abdel Badie, said that bids from seven companies had been accepted out of a total of 12 for the shipping of 55 cargoes starting this November and through December 2016.”

The LNG cargoes will be delivered to Egypt’s floating import terminal – the BW Singapore, which has a capacity of 600 – 700 m3/d. The deliveries will begin as of the start of November 2015, and will help solve Egypt’s increasing energy shortage.

Edited from various sources by David Rowlands

Read the article online at: https://www.lngindustry.com/regasification/12102015/egas-awards-tender-for-55-cargoes-of-lng-1446/


 

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