The contract is medium to long term. However, no further details on the quantity of gas to be delivered to Engie were mentioned.
Energy ministers declared to increase cooperation to develop the region’s gas reserves following the East Mediterranean Gas Forum (EMGF) in Cairo.
Abu Dhabi’s Department of Energy is currently studying tenders for its Taweelah desalination plant.
An official from leading French energy multinational ENGIE has said that Egypt can achieve its goals of becoming a regional energy hub.
EGAS arranged importing three liquefied natural gas (LNG) shipments from France's Engie, to be delivered during the second quarter of 2018.
Total announced that it purchased a 5% stake in the first train of the LNG project in Idku
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