Egypt, Gazprom to pen LNG supply

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Egypt, Gazprom to pen LNG supply

Khalid Abdel Badie, head of Egypt’s state gas company said Egypt will sign the deal for LNG supply with Gazprom during this week.

Abdel Badie told Reuters that Gazprom’s representatives arrived in Cairo to negotiate the quantities of gas to provide through 2020.

According to the country’s oil minister, Sherif Ismail, the deal for seven shipments of liquefied natural gas, that was agreed in principal in April last year, will be finalized at the end of this month, and he added that Egypt reached another agreement in principal with Gazprom to import 35 LNG cargoes from 2015 to 2020.

Egypt is looking to solve its energy shortage issues, and the five-year charter deal with Hoegh LNG for the FRSU Gallant has opened doors for LNG imports that should start when the import facility begins operations in late March.

Source: LNG World News

Link: http://tinyurl.com/kzvjwdh

Moving Abroad Checklist

Initial Considerations

Will your partner be travelling with you?

If so, what will they be giving up in your present home and will they be able to continue with their career in your new home? You will need to check whether a separate visa is required for your partner to work or if your visa gives that right. If they are unable to work you will need to decide on the effect on your finances and what alternatives are available to give a fulfilling life (home business, training, voluntary work).

Are you taking family with you?

Moving with family raises many exciting opportunities, but also can create challenges. The HSBC Expat Explorer survey indicates that expat kids can take six months to settle in to their new country (see article). Getting young or even older children to prepare to move and leave their friends and family behind can be a challenge and should be thought through.

The options for education is another area that needs to be thought through.

Moving your child to a new country with a different education system can be a great opportunity to broaden their experience, but if they are close to key exams the timing can make this inadvisable. If you do take your family with you, it is important to decide between joining the local school system or choosing an international school.

Where will you be living?

Whether you will be living in a house or apartment, furnished or unfurnished, these decisions will affect what you need to take with you. The time you are planning to live overseas will also affect whether you should leave your property at home empty, rent it out or sell it. See the article Sell, Store or Ship.