Egypt lifts LNG exports from Idku terminal to 1 bln cubic feet per day
11/12/2019
Egypt has increased liquefied natural gas (LNG) exports from its Idku terminal to 1 billion cubic feet per day from 300 million cubic feet last month, Al-Borsa, a financial newspaper reported.
Egypt became self-sufficient in natural gas in late 2018 and is seeking to become a regional energy trading hub by liquefying gas and re-exporting it. Idku is its only operational LNG terminal at present, though exports are also made via pipelines.
Royal Dutch Shell, Malaysia’s Petronas, France’s Engie and Egypt’s two main state oil and gas companies, EGAS and EGPC, are all shareholders in the Idku plant.
Reporting by Ehab Farouk; Writing by Amina Ismail; Editing by Jan Harvey
Sign up to Receive Our Newsletter
- Gasum powers Equinor's platform supply vessel with bio-LNG
- Oman plans third LNG train, boosting domestic production to more than 15 MMtpy
- ADNOC deploys pioneering AI-enabled process optimization technology
- Mexico Pacific announces long-term LNG SPA with POSCO International
- ONEOK to acquire Medallion and controlling interest in EnLink for $5.9 B
- ONEOK to acquire Medallion and controlling interest in EnLink for $5.9 B
- Picarro launches handheld solution for natural gas leak investigation and closed-loop leak management
- Oman plans third LNG train, boosting domestic production to more than 15 MMtpy
- Brazil's fossil push undermines Lula's green ambitions
Comments