Damietta LNG facility to work at full capacity in 4Q2019

The Damietta LNG facility will be operating at its full capacity of 5 mn tonnes a year in 4Q2019, an unnamed industry official told Youm7. Italy’s Eni saidearlier this month that it is in talks over the LNG facility in Damietta and expected that it should begin operations “soon this year.” Egypt needs to settle a dispute with Damietta LNG plant operator Union Fenosa Gas (UFG), 50-50 owned by Union Fenosa and Eni, in order to resume exports from the facility. UFG has been seeking compensation from the Egyptian government after it cut gas supplies to the Damietta plant in 2012.