32
Egypt plans to stop importing liquefied natural gas (LNG) by the end of financial year 2017/2018 as it speeds up production at recently discovered gas fields, Petroleum Minister Tarek el-Molla said on Saturday.
Egypt said previously that it would halt imports by the start of 2019.
El-Molla said the country will save $250 million per month by no longer importing LNG.
Source: Reuters
