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Free AccessEgypt Still Targeting LNG Supplies via Jordan
Egyptian fertilizer production has slipped due to constrained natural gas supply for the country at present according to ICIS.
- EGAS will import its next LNG cargo into neighboring Jordan imminently and then flow the volumes back to Egypt, ICIS data shows.
- The vessel carrying the LNG is the Seapeak Arwa.
- The LNG vessel Minerva Limnos delivered a US LNG cargo into Jordan in the middle of the month according to ICIS.
- The gas is expected to flow back via pipeline to Egypt, which is importing more gas as local production fails to keep up with domestic demand.
- It marked the second recent cargo via Jordan after the Flex Volunteer delivery April 14.
- The Hoegh Galleon FSRU is still on its way to Egypt to allow the country to import its own cargoes in future and should arrive around mid-June.
To read the full story
Sign up now for free trial access to this content.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.