EGAS to issue LNG tenders in 2Q2018

EGAS is planning to issue a tender for an unspecified amount of LNG in 2Q2018, an unnamed EGAS source tells Reuters’ Arabic service. The shipments would be delivered the following quarter. Oil Minister Tarek El Molla had said last month that Egypt will stop importing LNG by the end of the year, by which time the country expects to reach self-sufficiency.