Svitzer secures Egypt LNG contract extension

Denmark’s Svitzer, the world’s largest tugboat operator, has won a contract extension for Egypt’s Idku LNG export plant.

Under the extension, Maersk’s unit Switzer will continue to assist the Egyptian LNG-operated plant with four tugs, two mooring boats and one pilot boat.

The towage company has been operating at the LNG facility located some 50 kilometers east of Alexandria since 2005.

The LNG export terminal has a capacity of 7.2 million tonnes per year.

A venture consisting of Shell, Petronas, Engie, and Egypt’s two main state oil and gas companies, EGAS and EGPC is operating the plant.

Besides the LNG contract, Svitzer also secured a five-year deal with Nacala Logistics in Mozambique.

This deal includes towage, pilot transfer and potential salvage work in the Port of Nacala.

Svitzer is now operating in five African countries, namely Egypt, Angola, Morocco, Liberia and Mozambique.

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