Gazprom, Egas sign LNG supply deal

Gazprom, Egas sign LNG supply deal

Russian giant Gazprom and the Egyptian state-owned gas company, Egas, have reportedly put pen to paper on a five-year LNG supply deal. 

Egypt’s trade industry and investment minister, Mounir Fakhry Abdel Nour, told RIA Novosti that the agreement was signed on Saturday.

Under the agreement, Gazprom will deliver six LNG cargoes annually for over a period of five years.

In November last year, Egas signed a time charter party contract with Höegh LNG for the FSRU Höegh Gallant which is scheduled to start operating in March. The deal is for five years.

Egypt recently closed the deal with Trafigura for 33 LNG cargoes and expects to finalize LNG supply contracts with the awarded companies in the US$2.2 billion tender.

 

Image: Höegh LNG

Share this article

Follow LNG World News

One thought on “Gazprom, Egas sign LNG supply deal”

Comments are closed.

Events>

<< Nov 2019 >>
MTWTFSS
28 29 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 1

CWC World LNG Summit & Awards Evening

The CWC World LNG Summit & Awards Evening will be returning to Rome in 2019 to celebrate it’s 20th year.

read more >

6th Mozambique Gas Summit & Exhibit

This year’s edition will have a revamped programme for attendees.

read more >

LNG Pricing, Trading & Hedging: 3-Day Training Course – London / Nov 2019

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

read more >

FLNG World Congress 2019

2019 FLNG World Congress will bring together stakeholders across the floating liquefaction value…

read more >