Egypt: Last LNG Tender?

Egypt this week awarded what could be its final LNG import tender, for 12 cargoes for 1Q 2018 delivery. This comes 30 months after Egypt was forced to begin importing LNG to cope with its gas deficit.

Spain’s Natural Gas Fenosa was awarded five cargoes, traders Trafigura and Vitol three each and Glencore one, Reuters reports. Nine of the cargoes will be delivered through Egypt’s two FSRUs moored at the Red Sea port of Ain Sukhna. These have 1.3bn cfd of combined capacity. The remaining three will be regasified at Jordan’s FSRU at Aqaba, also on the Red Sea, and sent via pipeline to Egypt.


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