Royal Dutch Shell’s Idku liquefaction plant has increased exports of natural gas to 520 mcf/d, up from 300 mcf/d previously, an Oil Ministry official tells Reuters. The gas is being exported via Malaysia’s Petronas, Royal Dutch Shell and two state companies, the newswire noted. We reported last month that exports had gone up to 500 mcf/d as winter curbed local consumption. Shell and the Oil Ministry had agreed in 2016 to gradually ramp up production at the Idku LNG plant.
More from Enterprise
Egypt continues to issue LCs as usual
LCs continue to be processed — albeit after closer inspection…
EGX kicks off first day of futures trading on the EGX
The rollout includes 3- and 6-month future contracts tracking the…
Beltone to launch Fadda, Egypt’s first-ever silver investment fund
Good afternoon, friends, and (almost) Eid Mubarak. With Ramadan on…
How Egypt’s fintech players can own the digital Eidiya evolution
💸 Eid traditions in Egypt (and the region) have held…