LNG

The Egyptian General Petroleum Corp (EGPC) awarded the country’s second largest LNG tender late last week for 20 cargoes. 

The prices agreed ranged between TTF plus $1.5 per MMBtu and $1.6 per MMBtu, sources told S&P Global, which included extended payment terms, allowing for a 180-day delay in payment, accounting for around 50-60 cents per MMBtu of the total cost. 

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