Egypt floats tender for 12 LNG cargoes

Egypt is looking to secure 12 cargoes of liquefied natural gas for delivery during the first quarter of next year. 

Citing trade sources, Reuters reports the Egyptian Natural Gas Holding Company (EGAS) launched a tender with bids to be submitted by October 29.

Nine of the 12 cargoes to be sourced under the tender will be delivered to the two floating storage and regasification units (FSRUs) in Ain Sokhna that serve as the country’s import terminals.

The Höegh Gallant FSRU, provided by Höegh LNG, began operations in April 2015, while the FSRU BW Singapore, provided by BW, has been in full operation since October 2015.

The remaining three cargoes would be delivered to the FSRU-based import terminal in Jordan’s port of Aqaba, where the LNG would be regasified and delivered to Egypt via a pipeline.

LNG World News Staff