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Egypt’s Egas Issues Tender For Two LNG Cargoes For Feb Loading

LNG

The Egyptian Natural Gas Holding Company, Egas, has issued two new LNG sell tenders because of weak domestic demand, market sources told S&P.

  • The first tender is for 150,000 cubic meters loading at Idku on 3-4 Feb, with tender closing date on 29 Jan.
  • The second one is for 155,000 cubic meters loading at Damietta on 11-12 Feb, with tender closing date on 30 Jan.
  • Egas issued around 54 sell tenders last year, up from 26 in 2021, S&P data show.

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