Ministry of Petroleum is in talks with Spanish-Italian JV Union Fenosa Gas (UGS) to reduce a USD2bn settlement it has been ordered to pay over gas supply interruptions at the Damietta liquefaction plant, an unnamed Ministry source was cited by Al Shorouk. According to the source, the Ministry is also expected to resume gas shipments to the plant “in small quantities” in 2H19 as part of the settlement agreement, which the World Bank’s International Centre for Settlement of Investment Disputes ordered in September. The Ministry had said that Egypt is taking steps to settle the amount, without disclosing details on what the steps entail.