Eni: Egypt’s Damietta terminal shipped 17 LNG cargoes in H1

Italian energy firm Eni said the Damietta liquefaction plant in Egypt has dispatched a total of 17 LNG cargoes in the first half of this year.

The 5 mtpa facility located on the Mediterranean coast, about 60 km northwest of Port Said, started exporting LNG again in February this year following a deal between Egypt’s EGPC and EGAS, Eni, and Naturgy.

It stopped operations in 2012 due to declining domestic production, but new finds such as Eni’s giant Zohr field in the East Mediterranean allowed the partners to restart the plant and ship the first cargo in February.

The LNG plant had loaded a total of 17 cargoes in the first half of this year, Claudio Descalzi, Eni’s chief executive told analysts during the firm’s second-quarter conference call last week.

He said this contributed to Eni’s asset gas production in Egypt reaching a record level of nearly 4 bcf.

In addition, Descalzi said Eni expects “nearly 30 additional cargoes” in the second half of this year.

To remind, Descalzi said in April the plant had shipped in total 9 cargoes since the restart.

Eni’s second-quarter LNG sales also rose to 2.2 million tonnes, up 50 percent when compared to the last year due to the rising volumes from the plant in Egypt.

The Damietta plant originally started production back in 2004 with the first cargo leaving in January 2005.

It consists of a single train, jetty, and two LNG storage tanks with a capacity of 300,000 cbm.

Following Naturgy’s departure, Eni owns 50 percent in SEGAS, the owner of the liquefaction plant, while EGAS owns 40 percent, and EGPC holds 10 percent.

- Advertisements -

Most Popular

Venture Global’s Plaquemines LNG inks gas supply deal

Venture Global LNG's Plaquemines LNG has signed a natural gas sale and purchase deal with Houston-based midstream gas marketer...

Venture Global’s Plaquemines LNG gets OK to introduce gas to GTG

US LNG exporter Venture Global LNG has received approval from US energy regulators to introduce natural gas to the...

Yamal LNG cargo delivered to China via NSR

Russian LNG exporter Novatek has delivered this year's first Yamal LNG cargo via the eastern part of the Northern...

More News Like This

Italy’s Eni sells 10 percent stake in Saipem

Italian energy firm Eni has sold a 10 percent stake in compatriot energy services company Saipem. Eni announced the...

Eni’s Congo FLNG ships new cargo

Italy’s Eni has shipped a new liquefied natural gas cargo produced at its Tango floating LNG facility moored in...

UAE’s Adnoc in Mozambique LNG move

UAE's Adnoc has agreed to buy Galp’s 10 percent interest in the Area 4 concession of the Rovuma basin...

Wison installs all SPB tanks on Eni’s FLNG

China’s Wison New Energies has installed all four SPB LNG tanks and two LPG tanks on Eni’s Congo FLNG. The...