Qatar has delivered the last of the five promised LNG cargoes to Egypt’s customers, freeing up Egyptian gas production for use domestically during the summer crunch. But whilst following through on the agreement it made with former Egyptian president Muhammad Mursi, Qatar appears to have gone cold on plans for a longer-term LNG supply deal.
Qatar agreed in June to supply five free LNG cargoes (totaling 16bcf of gas) to customers of Egypt’s two LNG export plants. Egypt has suffered gas, power and diesel shortages since last year, and diverted gas supplies from the LNG trains to help relieve domestic shortages. (CONTINUED - 401 WORDS)
