Suez Canal to reduce rebates on tolls for LNG carriers
12/21/2021
Egypt's Suez Canal will reduce rebates on canal tolls for LNG carriers from Jan. 1 till June 30, the canal authority said in a circular published on its website on Tuesday.
The rebates to LNG tankers operating between the American Gulf, ports South of the American Gulf, and the Gulf and ports at west of India till Kochi port will have a rebate of 30% of Suez Canal normal tolls, while eastern ports to Kochi port up to Singapore will have a rebate of 55%, and Singapore ports and its eastern ports will have a rebate of 70%.
Sign up to Receive Our Newsletter

- Egypt agrees to buy up to 160 LNG cargoes through 2026
- Shell to add up to 12 MMt of additional LNG capacity by 2030
- ADNOC takes FID, awards $5 B in contracts for Phase 1 of its Rich Gas Development project
- U.S. ethane vessels stall amid curbs on exports to China
- TotalEnergies CEO expects to restart Mozambique LNG project this summer
Comments