Eni restarts LNG production from Damietta in Egypt
The first LNG cargo from the Damietta liquefaction plant in Egypt was successfully produced and lifted, Italy’s Eni announced.
This is the first LNG cargo produced by the terminal after it was shut down in 2012.
This represents an important milestone in the process to complete the agreement reached on December 1st 2020 aimed at settling all pending disputes between the parties and at restarting the operations at the plant.
At this stage the agreement has already received all the authorisations of the competent authorities and its final closing is expected in the first half of March.
The agreement comes at an important moment as Egypt has regained its full capacity to meet domestic gas demand and can allocate surplus production for export through its LNG plants.
KEEPING THE ENERGY INDUSTRY CONNECTED
Subscribe to our newsletter and get the best of Energy Connects directly to your inbox each week.
By subscribing, you agree to the processing of your personal data by dmg events as described in the Privacy Policy.
More gas & LNG news

Russia, Turkey Discuss Gas Swap to Pay for Nuclear Plant

India LNG Buyers Negotiate US Deals Before Modi-Trump Summit

Moldova Seeks Deal to Keep the Lights on After Russia Cut Gas Supply

Zelenskiy Says Working With Trump’s Team, Seeking Deal With US

Norway Gets First Ship to Carry Waste Carbon to Undersea Storage

ADNOC Gas delivers record $5 billion net income for 2024

Quebec Says It’s Open to LNG, Oil Projects After Trump Threats

Big Oil’s Wave of Buyouts Sets Up Next Leg of Energy IPO Rebound

Ecopetrol Shares Drop As Petro Proposes Shale Operation Sale
