No 40



BG And Partners Sign Formal Sales Agreement For ELNG Train 2 Output

BG Group and its Egyptian LNG (ELNG) Train 2 partners signed the full Sale and Purchase Agreements (SPAs) on 25 September for the sale of the entire 3.6mn t/y output of ELNG Train 2 to BG Gas Marketing, a subsidiary of BG Group. Signature of the final agreements follows the agreement of principal terms in July (MEES, 7 July). The $550mn ELNG Train 2 is scheduled to start commercial operations...