Tuesday 17 September 2013

Qatar-Egypt gas talks put on hold

Qatar-Egypt gas talks put on hold:

"Egypt and Qatar are not currently negotiating further natural gas deliveries as supplies of fuels from other Gulf states and the end of peak summer demand eases pressure on Cairo to reach a deal, industry sources said, according to Reuters.

Doha agreed in May to donate five cargoes of liquefied natural gas (LNG) and initial talks were held for Egypt to buy at least 13 more, but that was before the Egyptian army removed Qatar-backed Islamist President Mohamed Mursi from power in July.

“We haven’t resumed negotiations yet,” a senior Egyptian energy official said."

'via Blog this'

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