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    The Cairo Post: Egypt Signs a 5-Yr Lease Agreement for 2nd Floating LNG Terminal

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Summary

The Egyptian Natural Gas Holding Company (EGAS) and Norway's BW Gas have signed a five-year lease for a second LNG FRSU

by: Erica Mills

Posted in:

Press Notes, Africa

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The Cairo Post: Egypt Signs a 5-Yr Lease Agreement for 2nd Floating LNG Terminal

Egypt has signed the five-year lease agreement for its second Floating Storage Regasification Unit (FSRU,) Youm7 reported Tuesday.

Attended by Minister of Petroleum Sherif Ismail, the agreement was signed between the Egyptian Natural Gas Holding Company (EGAS) Chairman Khaled Abdel Badie and the Norway-based BW Gas CEO Carsten Mortensen Monday.

Read the full article HERE.

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