Egypt to Award LNG Import License in Two Weeks

Egypt is expected to award LNG import license for the first time in next two weeks, Bloomberg has reported.

Egyptian Natural Gas Holding Co., or EGAS, will most likley award the license to more than one of the five companies that offered bids in the tender that closed on Feb 3, Sherif Soussa, company’s chairman, told the news agency in an interview.

The nation’s industrial users will be allowed to import a maximum of 1 billion cubic feet of natural gas daily starting in the second half of 2013, Oil Minister Osama Kamal said in Novembe, Bloomberg added.

If you are a Premium Subscriber you can access NGW magazine here

Subscribe today to NGW Premium.

 

 

Natural Gas World welcomes all viewpoints. Should you wish to provide an alternative perspective on the above article, please contact editor@naturalgasworld.com

Kindly note that for external submissions we only lightly edit content for grammar and do not edit externally contributed content. 

POLICY ON COPYRIGHT & REPUBLICATION POLICY

 

We use cookies to ensure that we give you the best experience on our site. If you continue we assume that you understand and accept to receive cookies from this website. Dismiss