Russian energy company Rosneft said Thursday it was marking its frontier entry into the global liquefied natural gas market through a deal in Egypt. Rosneft signed an LNG supply and purchase agreement with the Egyptian Natural Gas Holding Co. Documents were signed between Rosneft board members and their Egyptian counterparts during a visit to Moscow by Egyptian President Abdel Fattal el-Sisi. “Cooperation with EGAS marks Rosneft’s entry into the world LNG trading market,” the company said in a statement. “Also, implementation of the provisions of the signed documents will, in the long term, open access for Rosneft to the Egyptian gas market which has a significant growth potential.” Egypt is a global leader in terms of natural gas consumption and […]