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Wednesday, 18 May 2016

Egypt to commission Jordan’s FSRU from 2017

EGAS is planning on renting the floating storage and regasification unit (FSRU) currently moored in Aqaba, Jordan and dock it in a private port controlled by SUMED in Ain Sokhna in 2017, an official told Daily News Egypt. The vessel, Golar Eskimo, has a capacity to regasify 500 mcf/d. Since 2015, Egypt has entered into an agreement to share the output of the FSRU and buys 200 mcf/d “to meet summer’s fuel requirements for power plants,” which is pumped through Arab Gas pipeline between the two countries. The official says Egypt is expected to achieve self-sufficiency in by 2022, which is when gas imports would be stopped. Al Borsa covered the news in Arabic.

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