First Cargo of Qatari LNG Under the Swap Agreement Between the Two Countries Will Arrive in Egypt in Late May

摘要

Under a swap agreement concluded between Qatar and Egypt, an initial cargo of liquefied natural gas (LNG) produced by Qatargas is due to arrive in Egypt on 27 or 28 May, according to Mr. Tarek Elbarkatawy, First Under-Secretary in Charge of Oil Agreements and Exploration at the Egyptian Oil Ministry. Mr. Elbarkatawy indicated that British Gas Marketing Limited (BGML), a subsidiary of BG Group, and Petronas were to send an initial methane tanker to Ras Laffan to take on the Qatari LNG. "Egypt will receive 500 million cubic feet per day on average from the Idku LNG plant to meet the needs of the nationwide natural gas network," he told the national news agency MENA.