Karim Badawi, Minister of Petroleum and Mineral Resources, met with Arthur Regan, CEO of Energos Infrastructure Management LLC,  a US-based company involved in deploying Floating Storage and Regasification Units (FSRU)  to review ongoing cooperation in the field of developing infrastructure for imported liquefied natural gas (LNG) through FSRUs that are currently operational.

During the meeting, Badawi stressed that Egypt has successfully established a robust LNG import infrastructure with a capacity of up to 2.25 billion cubic feet per day (bcf/d) in record time.

Egypt has three operating regasification units at SUMED and Sonker ports in Ain Sokhna, including Energos Eskimo, Energos Power. A fourth unit,  Energos Force, which has arrived and started commercial trials at Aqaba Port in Jordan, serving energy needs for both countries through the Arab Gas Pipeline with regasification capacity of 750 million cubic feet per day (mmcf/d).

Besides, Petroleum Marine Services (PMS) has completed development works at Damietta port to receive the Energos Winter unit with regasification capacity of 450 mmcf/d.

Badawi emphasized the strong governmental support from Prime Minister Mostafa Madbouly in overseeing the preparation of regasification vessels, which has accelerated project progress and reflected Egypt’s deep commitment to all efforts in this project.

For his part, Regan noted that the achievements of the past four months have exceeded global expectations. He highlighted Egypt’s ability to build LNG import infrastructure in record time as an exceptional partnership model, praising Minister Karim Badawi’s frequent site visits, continuous follow-up on execution, and the full commitment demonstrated in this collaboration with Egypt.