LNG

Egypt is close to sealing a multi-year LNG supply deal that could lock in 15 to 18 cargoes a month for at least three years. Reuters calculations put the deal value at $8-11 billion a year, depending on pricing and volume, with final terms still under negotiation.

Delfin Midstream, the US liquefied natural gas developer, has finalized a binding LNG sale and purchase agreement with a UK subsidiary of commodities and energy firm Hartree Partners.