Date: 5 months ago   Category: World business

Rosneft will increase supply of LNG to Egypt


The Rosneft Trading SA company (RTSA, subsidiary of Rosneft) has concluded the agreement with the Egyptian state gas company Egyptian Natural Gas Holding Company (EGAS) on delivery of 10 tankers of the liquefied natural gas (LNG) in 2017. The representative of the company has reported about this TASS. According to him, the first shipment of LNG this year has to be carried out in May. The general agreement on supply of liquefied natural gas between Rosneft Trading SA and Egyptian Natural Gas Holding Company has been signed on August 27, 2015. Has put the first Rosneft Trading SA LNG party within the contract with Egyptian Natural Gas Holding Company in May, 2016. Production has been brought on the GOLAR ICE tanker to the Ainu Sokhna port. This supply of LNG became the first in the history of operating activities of Rosneft. In total last year RTSA delivered three tankers to refinery capacities of EGAS. Rosneft — one of the largest world public oil and gas companies which primary activities are search and investigation of fields of hydrocarbons, oil production, gas, gas condensate and also processing of the extracted raw materials.

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