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

Cheniere produces first LNG cargo at Corpus Christi expansion project

US LNG exporting giant Cheniere has produced the first cargo at the Corpus Christi Stage 3 expansion project in Texas.

Centrica seals LNG supply deal with Petrobras

UK-based energy firm Centrica has signed a 15-year LNG supply deal with Brazil’s state-owned energy firm Petrobras.

Japan’s Japex boosts LNG sales

Japan Petroleum Exploration (Japex) boosted its sales of liquefied natural gas (LNG) in the April-December period last year.

More News Like This

Eni, TotalEnergies to send Cyprus gas to Egypt’s Damietta LNG export plant

Italy’s Eni and its partner France’s TotalEnergies have agreed with Cyprus and Egypt to send gas from the Cronos gas field off Cyprus to Egypt's Damietta LNG plant, liquefy it, and ship the LNG supplies to Europe.

Hilong bags contract for Eni’s Congo LNG project

China's Hilong Petroleum Offshore Engineering has secured a contract from Italian energy firm Eni for the latter's Congo LNG project.

Exmar says Tango FLNG producing above guaranteed levels

Back in 2022, Exmar sold the FLNG to Italy's Eni for deployment in the Republic of Congo, also known...

Eni’s FLNG launched in China

According to separate statements by Eni and WNE, the launching of the hull took place on Saturday. In Congo's Lingala...