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    Reuters: Egypt Buys 55 LNG Cargoes via Tender

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Summary

Egypt has confirmed that it has awarded tenders to seven companies, including Trafigura, Vitol, and Noble Group, for 55 cargoes of LNG

by: Erica Mills

Posted in:

Press Notes, Africa

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Reuters: Egypt Buys 55 LNG Cargoes via Tender

Egypt is to buy 55 cargoes of liquefied natural gas (LNG), equal to about a tenth of its annual gas demand, via a tender awarded to seven companies.

The cargoes, 10 more than Egypt originally tendered for, contain around 4.68 billion cubic metres of gas. The country consumed about 48 billion cubic metres of gas in 2014, according to figures from oil major BP.

Read the full article HERE.

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