Idku Gas Exports Decrease to 500 mmscf/d
EGAS decreased the natural gas amounts exported via Idku liquefaction plant to 500 million standard cubic feet per day (mmscf/d) instead of the 800 mmscf/d exported in March.
EGAS decreased the natural gas amounts exported via Idku liquefaction plant to 500 million standard cubic feet per day (mmscf/d) instead of the 800 mmscf/d exported in March.
Egypt plans to double its exports of liquefied natural gas (LNG) by the end of 2019 to reach 2 bcf/d.
Al-Manar Group plans to boost its exports to 10% in 2019, as the company increases its lubricant production capacity and supplies them to a number of new Arab and African markets.
Oil goods exports grew by 18.4%, recording $14.3 billion in H1 FY 2018/19 compared to $12.1 billion in H1 FY 2017/18, which contributed to decreasing the deficit in the balance of trade.
The company produced 5 million tons of different high quality petroleum products that meet global standards.
The plan is to export LNG from some of Zohr's production to the European markets upon obtaining a license from the Ministry of Petroleum.
The LNG cargoes are offered in a tender that is set to close on March 18 in order to be awarded by March 21.
Egyptian natural gas exports to Jordan reached 350 mmscf/d compared to 100 mmscf/d in January 2019.
The company exports its product to Middle Eastern and North African countries, as well as some countries in Asia and South America.
Egypt exported petroleum products for $3.1 billion within a year, of which $0.5 billion came from fueling ships and planes.