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Oil & Gas

Egypt triples natural gas exports from Idku LNG plant to 1 bcf/d

Idku
Posted: November 12, 2019 at 11:35 am   /   by   /   comments (0)

Natural gas exports from the Idku liquefaction plant have more than tripled to 1 billion cubic feet/day (bcf/d), up from 300 million cubic feet/day last month, an EGAS source tells the local press.

The higher exports came after oversupply issues over the previous three months lessened and international prices stabilized. Exports were slashed by 80% between August and October on low global prices.

(Source: Enterprise.press)

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