Egypt signs energy import deals with Russia's Rosneft

Egypt and Russia's top oil producer Rosneft have signed two initial deals for the supply of petroleum products and liquefied natural gas to Cairo, the two sides said on Tuesday.

The oil ministry said in a statement the deals include the supply of benzine and bitumen, as well as 24 LNG cargoes for state gas company EGAS over two years starting from the fourth quarter of 2015.

The deals "will allow Rosneft to access the high growth potential Egyptian gas market and deepen broader cooperation between the two companies," Rosneft said in a statement on its website.