Egypt to import 43-45 LNG cargoes in deal with Oman, Russia and France

Egypt has reached an agreement to import between 43 and 45 LNG cargoes from Oman, Russia and France. (Shutterstock)

Egypt has reached an agreement to import between 43 and 45 cargoes of liquefied natural gas (LNG) from Oman, Russia and France from March through to the end of 2017, the head of state gas company EGAS said on Thursday.

The agreements include terms that allow for payment within six months, EGAS head Mohamed al-Masry said.

Masry added that Egypt will become a gas exporter once it reaches self-suffiency, expected during 2019.
 

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Last Update: Wednesday, 20 May 2020 KSA 09:48 - GMT 06:48
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