Engie inks renewable energy and LNG agreements with Egypt

French energy company, Engie announced Monday it has signed agreements on developing renewable energies and importing liquefied natural gas (LNG) with various Egyptian companies during a visit by French President Francois Hollande in Cairo.

The company said in a statement that it signed a cooperation agreement for further development of renewable energy with Egypt’s National Renewable Energy Association and the Egyptian Electricity Transport Company.

“Engie and the Egyptian national company EGAS, under the auspices of the Egyptian Ministry of Petroleum and Mineral Resources, executed a cooperation agreement on LNG importation to Egypt,” the company said.

Source: Reuters