Gas Natural Fenosa, Trafigura, Vitol, Glencore awarded rights to import 12 shipments of LNG

Egypt is expected to award Spain’s Gas Natural Fenosa and three Swiss-based trading houses the rights to import the 12 shipments of LNG is plans to buy in 1Q2018, traders tell Reuters. “The final allocation may change but traders currently expect EGAS to award the Spanish gas company five shipments, trader Trafigura to supply three, Vitol three and Glencore one,” they said. EGAS is looking to bring in nine of the shipments via Egypt’s two FSRUs and three cargoes through a Jordanian terminal.