The Russian oil giant inked a term sheet on the intended future supply of LNG cargoes with Egyptian Gas Holding Company (EGAS), the former said on Tuesday.
Reuters cited Egypt’s Oil Ministry as saying that the agreement would see 24 LNG cargoes coming to Egypt from Rosneft over a two-year period, starting in the fourth quarter this year.
“The implementation of the terms of the signed document will allow Rosneft to access the high growth potential Egyptian gas market and deepen broader co-operation between the two companies,” the Russian state giant said.
“In
