Egyptian security forces guard a gas-pumping station in al-Shulaq, about 10 miles (16 kilometers) from Egypt's border with the Gaza Strip, near el-Arish in Egypt Saturday, July 30, 2011. (AP Photo)
Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
Noble will "shortly" deliver its first million metric tons of LNG within the first year of operations in the segment, the company said Tuesday in a statement.The trader won a "significant number of slots" for medium-term delivery in the latest tender to supply Egypt, the fastest-growing market for the fuel, Noble said, without providing the exact number of cargoes.Noble bolstered its LNG business by last year hiring traders from Bank of America Corp.Noble commissioned the country's first terminal at the port of Ain Sokhna and delivered the first two LNG cargoes ever imported into Egypt.Further deliveries under this first import contract are scheduled in 2015 and 2016, according to Noble.
FOLLOW THIS ARTICLE