VOL. XLV

No 4

28-January-2002

EGYPT

Egypt Signs First LNGSupply Agreement With Gaz De France

Gazde France (GdF) on 21 January signed a Heads of Terms agreement with Egyptian LNG(ELNG), a joint venture comprising the UKs BG Group, Italys EdisonInternational, the Egyptian Natural Gas Holding Company (EGAS) and the EgyptianGeneral Petroleum Corporation (EGPC). The contract, the first for Egypt, callsfor GdF to import 3.6mn tons/year of liquefied natural gas (LNG) over a periodof 20 years. First...