Egypt secures LNG cargoes

Written by  John McKay
Monday, 26 January 2015
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Jan 26 (LNGJ) - The Egyptian Natural Gas Holding Co. (EGAS) awarded tenders worth over $2.5 billion for the delivery of LNG cargoes to improve the country's natural gas sourcing in the face of shortages. EGAS said four unnamed companies would supply a total of 75 cargoes over about two years with each cargo worth an average of about $35 million.

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