Egypt’s Damietta Liquefied Natural Gas (LNG) plant shipped first cargo to Belgium import terminal at Zeebrugge on March 21. It is the first cargo to be sent to Europe from Damietta since it resumed operations in late February, according to S&P Global Platt report.
According to the report, a total of 26 cargoes have been delivered from Egypt so far in 2021, with the bulk exported from the Shell-operated, 7.2 million mt/year Idku facility.
Recent cargoes have also been sent to Italy and Greece in March, as European gas prices become increasingly competitive versus Asian spot LNG prices.
For Asia, Egypt has so far shipped eight cargoes to China, and four cargoes to India while Bangladesh, South Korea, and Singabore received two cargoes each.