OTI, Rosneft and Engie sign Egypt LNG deal

摘要

State-owned Oman Trading International (OTI), Russian state-controlled oil producer Rosneft and French energy firm Engie have signed deals to supply up to 45 LNG cargoes to Egypt between March and December. The price of the cargoes, to be delivered to Egyptian state-owned gas firm Egas, will be around 11-14pc of the Brent crude benchmark, depending on delivery dates. OTI will supply the majority of the 45 cargoes. OTI is the commercial arm of state-owned oil company Oman Refineries and Petroleum Industries.