Egypt to finalise Gazprom LNG deal this month: Oil Minister

Egypt will complete an agreement with Russia's Gazprom for the company to supply it with liquefied natural gas (LNG) shipments later this month, Egyptian Oil Minister Sharif Ismail told Reuters on Sunday.

Egypt agreed in principle last April for Gazprom to supply seven LNG shipments to help it meet gas supplies needed to face its worst energy crisis in decades.

A Gazprom delegation would visit Egypt in mid-January, Ismail told Reuters by phone.

If successful, the Gazprom deal would be the second LNG import agreement since Egypt finalised a deal for the necessary import infrastructure in November.