20 Apr '13, 2pm

Drumbeat: April 20, 2013

Posted by Leanan on April 20, 2013 - 11:21am Russia says Egypt asks for help with gas supplies to Europe MOSCOW (Reuters) - Egypt, struggling to meet domestic energy demand, has asked Russia to help it fulfil its gas supply contracts with Europe, Russia's Energy Minister was quoted as saying on Saturday. He also said Egypt had offered some Russian companies, including Gazprom , Gazprom Neft , Lukoil and Novatek , opportunities in the North African country's offshore oil and gas sector. "The gas, which they were supposed to ship (abroad) under a contract, may be left for domestic consumption, while we could fulfil the contract via a swap supply by Gazprom," Alexander Novak was quoted as saying by the RIA Novosti news agency.

Full article: http://www.theoildrum.com/node/9957

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