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Dekheila Port gas storage facility takes a step forward: The Alexandria Port Authority inked initial commitment agreement with the Alexandria for Supply Chain Company to establish a permanent offshore facility to receive, store, and transport feed gasses for local industry at the Dekheila Port, according to a statement released on Thursday. The investment ticket for the project will amount to USD 660 mn over three phases of development.
The plan: Commercial operations for the first phase are expected to kick off in 2027 with volumes of up to 350k tons annually, which are expected to rise to 4 mn tons upon wrapping up the project’s third phase. The Alexandria for Supply Chain Company will be responsible for the building, use, management, operation, maintenance, and re-delivery of the station.
The specs: The project will include 800 meter-long, 20 meter-deep docking facilities, with the ability to host two tankers at a maximum carrying capacity of up to 250k tons on its quay simultaneously. The ground station — covering 390k sqm — will house numerous storage areas for liquid and gas bulk, including incubation units, shipping cargo, and transport equipment.
The goal: The project is forecasted to generate some USD 500 mn and boost Egypt’s foreign currency revenues from ship transits at the port and the trade in petrochemical products.
REMEMBER- Founded in August 2024, Alexandria for Supply Chain Company — a JV between state-owned companies Egyptian Petrochemicals Holding, Sidpec, Ethydco, and the Egyptian Natural Gas Company (Gasco) and private sector player Gama Construction — aims to import 1.1 mn tons of liquefied ethane gas a year, ensuring a steady supply of raw materials for the petrochemical industry in the region.
REMEMBER- Dekheila’s got a lot in the pipeline: A local consortium invested USD 450 mn to build, manage, and operate a 300k sqm dry bulk terminal in Dekheila Port back in September. The project aims to boost the country’s handling and storage capacity, particularly for grains like wheat, corn, and soybeans — it should add some 6-7 mn tons to Egypt’s annual handling capacity and have the ability to accommodate up to four ships of up to 240 meters each.
