Egypt, Gazprom to pen LNG supply deal this week

Egypt, Gazprom to pen LNG supply deal this week

Khalid Abdel Badie, head of Egypt’s state gas company said Egypt will sign the deal for LNG supply with Gazprom during this week. 

Abdel Badie told Reuters that Gazprom’s representatives arrived in Cairo to negotiate the quantities of gas to provide through 2020.

According to the country’s oil minister, Sherif Ismail, the deal for seven shipments of liquefied natural gas, that was agreed in principal in April last year, will be finalized at the end of this month, and he added that Egypt reached another agreement in principal with Gazprom to import 35 LNG cargoes from 2015 to 2020.

Egypt is looking to solve its energy shortage issues, and the five-year charter deal with Hoegh LNG for the FRSU Gallant has opened doors for LNG imports that should start when the import facility begins operations in late March.

LNG World News Staff; Image: Hoegh LNG

Share this article

Follow LNG World News

Events>

<< Jan 2020 >>
MTWTFSS
30 31 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31 1 2

LNG Pricing, Trading & Hedging: 3-Day Training Course – London / Mar 2020

This three-day training program provides a unique opportunity to learn and apply the practical skills…

read more >

American LNG Forum 2020

The American LNG Forum is your gateway to learning about the US LNG export industry,

read more >

2nd Global LNG Forum

Global LNG Forum is an exclusive networking and knowledge-sharing platform for top experts and business leaders in the industry.

read more >

LNG Pricing, Trading & Hedging: 3-Day Training Course – Houston / Feb 2020

This three-day training program provides a unique opportunity to learn and apply the practical skills, knowledge and tools needed to:…

read more >