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Rosneft, Fleet Energy sign agreement for possible joint gas supplies to Egypt

Rosneft - Fleet
Posted: May 28, 2018 at 2:35 pm   /   by   /   comments (0)

Rosneft and Fleet Energy trader have signed a framework cooperation agreement to explore the possibilities of developing a supply chain for gas supplies to Egypt, Russia’s top oil producer said in a statement on Friday.

The agreement was signed by Rosneft Vice President for Refining, Petrochemicals, Commerce and Logistics Didier Casimiro and President of Fleet Energy Group Essam Kafafi on the sidelines of the St. Petersburg International Economic Forum, the statement said.

“The document secures the intention of the Parties to explore the possibilities of establishing a joint venture in order to develop a supply chain for further gas supplies to industrial consumers in Egypt,” Rosneft said.

Rosneft and Fleet Energy explore the possibility of joint gas supplies to Egypt

As part of XXII St. Petersburg International Economic Forum, Rosneft, Fleet Energy and Fleetliner Energy S.A. signed a Framework Cooperation Agreement. The document secures the intention of the Parties to explore the possibilities of establishing a joint venture in order to develop a supply chain for further gas supplies to industrial consumers in Egypt.

The Agreement was signed by Didier Casimiro, Rosneft Vice President for Refining, Petrochemicals, Commerce and Logistics, and by Essam Kafafi, President of Fleet Energy Group, in the presence of Rosneft CEO Igor Sechin.

Fleet Energy Inc. has offices both in Moscow and in Cairo. The company is part of Fleet Holding Inc., together with other companies: Fleet Tanking Inc., Fleet Offshore Petroleum Services Inc., Fleet Oil&Gas S.A. Another company that the Group comprises is Fleetliner Energy S.A.

(Sources: TASS Russian News Agency & Rosneft)

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