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Wednesday, 14 June 2017

Egypt to reduce imports of LNG by 30% starting from September -source

Egypt will reduce its monthly imports of LNG by 30% starting from September, Reuters’ Arabic service reports, citing an EGAS official. The official says Egypt is importing 10 LNG cargoes each month in June and July and this amount will be reduced to seven in September. The imports will be reduced further still to five each month once production from the Zohr supergiant field begins. Sources had said in May that Egypt was in talks to reduce is planned imports of LNG in 2018 to 30 cargoes instead of 70.

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