Oil & Gas
EGAS confirms postponed commissioning of third FSRU
EGAS confirmed it has delayed commissioning a third FSRU that was scheduled for this month to an unspecified date in the future, according to Ahram Gate. The decision confirms statements by the Oil Ministry earlier this month.
A source at EGAS said the delay follows an increase in natural gas production nationally in November to 4.45 bcf/d, 600 mcf/d more than the volume in April, as more fields came onstream and the projected increases in output.
Egypt currently imports the equivalent of around 1 bcf/d in LNG, regasified using the Höegh Gallant and BW Singapore FSRUs as well as getting excess natural gas regasified by the FSRU docked in Aqaba, Jordan.
(Source: Enterprise.press)