Egypt’s plans for $5/MMBtu LNG term sales deals questionable

January 24, 2020/in /by Rudolf Huber

Considering how clunky and cumbersome public administrations are in the best of cases (which Egypt is not) and also considering that even private trading companies are sometimes at pains to keep up with market developments, that smacks of the stone age. Good luck with that.

Egypt's plans for $5/MMBtu LNG term sales deals questionable: analysts

Egypt may find it difficult to find buyers for its LNG under 12 18 month term deals priced at $5/MMBtu, analysts believe.

www.spglobal.com

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