ENERGY

Egypt minister says to halt imports of LNG by end of this fiscal year

Petroleum Minister Tarek El Molla said the country will save $250 million per month by no longer importing LNG. (File photo: Reuters):

Egypt plans to stop importing liquefied natural gas (LNG) by the end of the 2017/18 fiscal year ending in June as it speeds up production at recently discovered gas fields, Petroleum Minister Tarek El Molla said on Saturday.

Egypt said previously that it would halt imports by the start of 2019.

Molla said the country will save $250 million per month by no longer importing LNG.

SHOW MORE
Last Update: Saturday, 27 January 2018 KSA 17:59 - GMT 14:59
Top
BREAKING NEWS

Send to a friend

Close
Egypt minister says to halt imports of LNG by end of this fiscal year
Friend's name:
Friend's Email:
Sender's name:
Sender's Email:
Captcha Code
How are we doing?
X

How are we doing?

Name Name *
Email Email *
Country Country
Message Message *
Maximum 550 words allowed