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Rosneft trading unit to deliver 10 LNG cargoes to Egypt in 2017

A trading unit of top Russian oil producer Rosneft has signed a deal to supply 10 LNG shipments to the Egyptian Natural Gas Holding Company this year, according to reports.

James Henderson, Former correspondent

March 21, 2017

1 Min Read

Kalyakan - stock.adobe.com

The first delivery by Rosneft Trading SA (RTSA) is expected in May, said the Reuters news agency.

“This agreement will help to further strengthen the strategic partnership between Rosneft and Egypt in an important area of energy security,” Rosneft is quoted as saying.

RTSA delivered three LNG cargoes to Egypt in 2016.

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About the Author

James Henderson

James Henderson

Former correspondent

James Henderson was formerly a freelance correspondent for Seatrade Maritime News.

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