Middle East Economic Survey


No 26



BG Group To Purchase ELNG Shipments From Gaz De France

BG Group on 21 June announced that it had agreed to purchase two LNG cargoes per month from Gaz de France from July 2005 to end-2006. They will be diversions from cargoes originally purchased by Gaz de France from Egyptian LNG (EGAS) Train 1, located at Idku in the West Delta area. BG said it intended to deliver the cargoes to its North American marketing business at Lake...