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Tuesday, 22 October 2019

Egypt exported 172.8 bncf of natgas in FY 2018-2019 via 45 cargos from Idku

Egypt exported 45 cargos of natural gas carrying a total of 172.8 bcf from the Idku liquefaction plant in FY2018-2019, according to the Egyptian Natural Gas Holding Company (EGAS) (pdf). Egypt had hoped that returning Idku to full capacity would see exports increase to 1.13 bcf/d, but EGAS canceled several LNG tenders from the facility due to low bids and growing domestic demand. Idku’s natural gas exports fell by 80% between August and mid-October.

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