Italy’s Eni logs higher LNG sales

Italian energy firm Eni said its LNG sales rose in the third quarter of this year due to the restart of operations at the Damietta liquefaction plant in Egypt.

In the third quarter, Eni sold 2.90 bcm or about 2.1 million tonnes of LNG, a rise of 38 percent when compared to the last year.

Compared to the previous quarter, LNG sales dropped by about 3.3 percent.

Eni sold 8.10 bcm or about 5.90 million tonnes in the January-September period, an increase of 23 percent when compared to the same period in 2020, the company said in its financial report.

The firm attributed the rise to higher volumes of LNG coming from the 5 mtpa Damietta facility located on the Mediterranean coast, about 60 km northwest of Port Said.

The plant 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.

Most Popular

Woodside terminates Commonwealth LNG SPA

Australian LNG player Woodside has terminated its two LNG sale and purchase agreements with US LNG terminal developer Commonwealth LNG.

Germany, Egypt seal FSRU charter deal

Germany's Ministry for Economic Affairs and Energy has signed a deal with Egypt's state-owned EGAS to charter the 174,000-cbm FSRU Energos Power.

Energy Transfer seals Lake Charles LNG supply deals

Texas-based Energy Transfer has signed new supply deals for its planned Lake Charles LNG export facility in Louisiana as it works to take a final investment decision by the end of this year, according to its management.

More News Like This

Eni: third phase of YPF’s Argentina LNG project requires $20 billion investment

The third phase of YPF's Argentina LNG export project would require an investment of about $20 billion, according to Eni’s COO of global natural resources, Guido Brusco.

Eni’s LNG sales climb in Q1

Italian energy firm Eni said its liquefied natural gas (LNG) sales rose in the first quarter of 2025 compared to the same period last year.

Italy’s Eni to join YPF’s Argentina LNG project

Eni's CEO, Claudio Descalzi, and the CEO of YPF, Horacio Marín, signed the memorandum on Monday to evaluate Eni's...

Mozambique approves Eni’s Coral Norte FLNG project

Italy's Eni has received approval from the government of Mozambique for its second FLNG project in Mozambique, Coral Norte (Coral North).