Middle East Economic Survey


No 5



BG, ENEL Sign Sales Agreement For Gas From Second Train Of ELNG

BG announced on 24 January it had signed a sale and purchase agreement for the supply of 2.4mn tons/year of LNG to Enel, beginning in 2008, at the Brindisi LNG regasification terminal in southern Italy once the terminal is completed. This supply will initially be sourced from the second train of the Egyptian LNG project in Idku, the output of which was sold in its...