US lawmakers present no evidence of Russia’s interference in US election - Russian MPRussian Politics & Diplomacy February 23, 21:42
Russia to continue strengthen its Armed Forces - PutinRussian Politics & Diplomacy February 23, 21:37
4,000 Russian nationals fight among militants in Syria - PutinRussian Politics & Diplomacy February 23, 21:31
Opposition’s demand of Assad’s immediate resignation absurd - Russian envoy to GenevaRussian Politics & Diplomacy February 23, 16:34
Moscow celebrates Defender of the Fatherland DaySociety & Culture February 23, 16:19
ISS astronauts capture Dragon with manipulatorScience & Space February 23, 14:36
Vitaly Churkin’s body delivered to RussiaRussian Politics & Diplomacy February 23, 12:30
Ukrainian military shell Donetsk water purification plantWorld February 23, 11:45
Scientists discover three Earth-sized exoplanets that may potentially harbor lifeScience & Space February 23, 5:50
MOSCOW, May 6. /TASS/. Rosneft Trading SA (a company of Rosneft Group) delivered its first ever LNG shipment as part of its contract with Egyptian Natural Gas Holding Company (EGAS), Rosneft reported Friday.
"The delivery of the cargo was made by the GOLAR ICE tanker to the Ain Sukhna port within the Master LNG Supply and Purchase Agreement signed in August 2015. The delivered cargo of LNG is the first one in Rosneft’s operational history. This result demonstrates the elevated level of trading expertise of the company (the LNG cargo was acquired within an efficient international spot contract)," the report said.
"Transformational changes in the global LNG trading market, consisting of rising volumes of spot deals, open extensive prospects for the growth potential of the company’s trading arm. The combination of Rosneft Group’s spot and long-term contracts will allow maximizing the economic efficiency of its deals whilst guaranteeing a stable LNG-marketing outlet," Rosneft said.
In August 2015, Rosneft Trading SA and EGAS signed a master LNG supply and purchase agreement.
The cooperation with EGAS marks Rosneft Group's entry into the global LNG trading market. Also, implementation of the provisions of the signed documents will, in the long term, open access for Rosneft to the Egyptian gas market, which has a significant growth potential.
The state-owned Egyptian Natural Gas Holding Company is in charge of strategic development of Egypt's gas sector. Egypt is an absolute leader in gas consumption among African countries.