VOL. XLVI

No 8

24-February-2003

EGYPT

Enel Buys Into BGs Brindisi LNG Terminal As Companies Examine Gas Supply Cooperation

Italys Enel has acquired a 50% stake in BGs planned Brindisi LNG receiving terminal project in southeastern Italy. In a joint statement, the two companies said they had signed an additional two memoranda of understanding (MOUs) to explore options for BG to supply LNG and gas to Enel. BG received government approval to construct and operate the 330mn, 6mn tons/year LNG import...