Egypt inks LNG supply deal with Trafigura

Egypt inks LNG supply deal with Trafigura

Egyptian Ministry of Petroleum informed that Egyptian Natural Gas Holding Company signed an LNG supply deal with Swiss commodity trading house Trafigura.

Companies signed a contract for the supply of about 33 shipments of LNG to fulfill the requirements of the Electricity Sector during the period 2015 – 2016, ministry said in a statement.

Khalid Abdel Badea, Egas Chairman, said that the coming period will witness the signing of the rest of the LNG supply contracts with the awarded companies in the US$2.2 billion tender, which include the supply of 75 shipments, won by 4 international companies.

LNG World News Staff; Image: petroleum.gov.eg

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