Report: Engie to provide Egypt with 3 LNG cargoes

Egyptian Natural Gas Holding Company (EGAS) has reportedly arranged for the delivery of three liquefied natural gas (LNG) cargoes from France’s Engie in the second quarter of this year.

The purchases were arranged through bilateral deals and not via a standard tender process, Reuters reported on Sunday citing trading sources.

To remind, Egypt’s imports of LNG declined dramatically in January as the country is gearing towards halting the imports due to increase in domestic gas production.

The rising production at newly discovered gas fields has pushed the country towards halting LNG imports sooner than it was initially anticipated.

One of the fields that has recently started production is the giant Eni-operated Zohr gas field in the Shorouk Block, offshore Egypt approximately 190 km north of Port Said.

It is the largest gas discovery ever made in Egypt and in the Mediterranean Sea, and will be able to satisfy a part of Egypt’s natural gas demand for decades to come, according to Italian energy giant Eni.

 

LNG World News Staff

Share this article

Follow LNG World News

Events>

<< Dec 2018 >>
MTWTFSS
26 27 28 29 30 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 3 4 5 6

Gas to Power APAC Congress 2019

The Gas to Power APAC Congress will bring together regional government officials and senior representatives from regulators…

read more >

Global LNG Forum 2019

Global LNG Forum is your opportunity to see what the future of LNG will be like…

read more >

LNG2019

LNG2019 is presented by the IGU, GTI and IIR, supported by the Shanghai Government and hosted by China LNG Association, China Gas Society, The Chinese Association of Refrigeration and China Gas Association.

read more >