EGAS Launches Tender for 12 LNG Cargoes Delivered Q1 2018

Egyptian Natural Gas Holding Company (EGAS) has launched a tender to buy 12 liquefied natural gas (LNG) cargoes for delivery in the first quarter of 2018, trade sources said on Friday.

EGAS is seeking to bring in nine of the cargoes via Egypt’s two floating import terminals and three cargoes through a Jordanian terminal.

In the past EGAS has imported LNG through the Jordanian facility, where cargoes were converted back into gas and pumped through pipelines to Egypt.

Bids must be submitted by Oct. 29, traders said.