{"id":601646,"date":"2019-03-06T03:55:39","date_gmt":"2019-03-06T03:55:39","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/06\/egypt-lng-exports-hit-five-year-high\/"},"modified":"2019-03-06T03:55:39","modified_gmt":"2019-03-06T03:55:39","slug":"egypt-lng-exports-hit-five-year-high","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/06\/egypt-lng-exports-hit-five-year-high\/","title":{"rendered":"Egypt LNG exports hit five-year high"},"content":{"rendered":"

<\/a> Egypt LNG exports hit five-year high: <\/b>Liquefied natural gas (LNG) exports from Egypt\u2019s Idku liquefaction plant increased 44% in February to 391.3 mcm, according to analysis from Platts<\/a>. This is the highest amount of LNG exported from Egypt since May 2013. Four cargoes were shipped during the month, including two to Turkey, one to France, and one Singapore. Oil Minister Tarek El Molla said last month<\/a> that Idku operator and owner Shell increased its LNG exports to 800 mcf\/d in February, from 500 mcf\/d in January.<\/p>\n

Export volumes will continue to rise: <\/b>Platts projects that Egypt\u2019s LNG exports will increase by 810 mcm over the course of the year due to production gains in the Zohr and West Nile Delta projects. This figure could increase further if the ministry manages to settle its dispute with Union Fenosa Gas (UFG) over the re-opening of the Damietta LNG facility. This resolution could be further off than we originally anticipated though, as UFG recently poured cold water<\/a> on claims that the plant could reopen in April.<\/p>\n","protected":false},"excerpt":{"rendered":"

Egypt LNG exports hit five-year high: Liquefied natural gas (LNG) exports from Egypt\u2019s Idku liquefaction plant increased 44% in February to 391.3 mcm, according to analysis from Platts. This is the highest amount of LNG exported from Egypt since May 2013. Four cargoes were shipped during the month, including two to Turkey, one to France, […]<\/p>\n","protected":false},"author":1,"featured_media":601647,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,3392,91,594,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-601646","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speed-round","tag-enterpriseam","tag-idku-lng-plant","tag-oil-and-gas","tag-shell","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"0bdb43a1-e6e5-4d96-9255-f0270fe885b4","is_powered_by":true,"section_story_id":"7e18b559-5239-41ed-b452-c8ad8c24a16b","story_type":"1","photo_url":"https:\/\/ent.news\/2022\/10\/479.jpg","photo_position":"above","related_issue":[601637],"teaser":"","voice_url":""},"yoast_head":"\nEgypt LNG exports hit five-year high - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/06\/egypt-lng-exports-hit-five-year-high\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt LNG exports hit five-year high\" \/>\n<meta property=\"og:description\" content=\"Egypt LNG exports hit five-year high: Liquefied natural gas (LNG) exports from Egypt\u2019s Idku liquefaction plant increased 44% in February to 391.3 mcm, according to analysis from Platts. This is the highest amount of LNG exported from Egypt since May 2013. 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The gas is being exported via Malaysia\u2019s Petronas, Royal Dutch Shell and two state companies, the newswire noted. We reported last month that exports\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":604791,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/12\/shells-idku-plant-steps-up-lng-exports-as-winter-curbs-local-consumption\/","url_meta":{"origin":601646,"position":1},"title":"Shell\u2019s Idku plant steps up LNG exports as winter curbs local consumption","author":"enterpriseam admin","date":"12 December 2018","format":false,"excerpt":"Royal Dutch Shell\u2019s Idku liquefaction plant has increased exports of natural gas to 500 mcf\/d, up from 300 mcf\/d previously, a source from EGAS said, attributing the move to a further decline in local consumption levels during winter. Just last month, the company increased LNG exports to 300 mcf\/d from\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":621569,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/12\/300-mcf-d-of-gas-exports-from-idku-liquefaction-plant-sources\/","url_meta":{"origin":601646,"position":2},"title":"300 mcf\/d of gas exports from Idku liquefaction plant -sources","author":"enterpriseam admin","date":"12 November 2018","format":false,"excerpt":"-Royal Dutch Shell\u2019s Idku liquefaction plant is reportedly exporting 300 mcf\/d of natural gas, compared to 250 mcf\/d last month, sources close to the matter said yesterday. Natural gas earmarked for exports increased by around 50 mcf\/d due to lower local consumption levels during winter. Shell and the Oil Ministry\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":597374,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/24\/egypts-natural-gas-imports-from-idku-plant-rises-to-750-mcf-day\/","url_meta":{"origin":601646,"position":3},"title":"Egypt\u2019s natural gas imports from Idku plant rises to 750 mcf\/day","author":"enterpriseam admin","date":"24 July 2019","format":false,"excerpt":"Egyptian natural gas exports from Shell\u2019s Idku terminal increased to 750 mcf\/day this month from 500 mcf\/day in June, an EGAS source told the local press. Egypt is currently running a natural gas surplus of 1.56 bcf\/d","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":592701,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/04\/egas-increases-idku-nat-gas-exports-to-300-mcf-d\/","url_meta":{"origin":601646,"position":4},"title":"EGAS increases Idku nat gas exports to 300 mcf\/d","author":"enterpriseam admin","date":"4 November 2019","format":false,"excerpt":"Egypt has increased its natural gas exports from the Idku liquefaction plant to 300 mcf\/d per month, up from 100 mcf\/d last month, an EGAS source tells the local press. The higher exports come as prices have stabilized after previously taking a dip when there was oversupply in the market.","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":591715,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/15\/idku-lng-plant-reaches-full-export-capacity-for-first-time-in-six-years\/","url_meta":{"origin":601646,"position":5},"title":"Idku LNG plant reaches full export capacity for first time in six years","author":"enterpriseam admin","date":"15 December 2019","format":false,"excerpt":"The Idku liquefaction plant has reached its full export capacity of 1.1 bcf\/d for the first time since 2013, a source at state gas company EGAS told the local press. 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