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Sunday, 30 September 2018

Egypt ends natural gas imports

Egypt has pulled the plug on natural gas imports. The pipeline news came as Egypt received its final shipment of imported liquefied natural gas last week, Oil Minister Tarek El Molla told the press yesterday, Reuters reports. El Molla — who did not specify the size of the most recent shipment or total volume of LNG received this year — had previously said that Egypt that LNG imports would come to an end as of October and that Egypt was due to begin exports by January 2019, as more output from gas fields is connected to the national grid. Capacity from the supergiant Zohr gas field had reached 2 bcf/d earlier this month, bringing the country’s total production up to 6.6 bcf/d. Zohr is expected to hit peak production at 2.7 bcf/d next year.

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