Egypt exports natural gas to the countries of the EU by the end of 2018



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The Agency said "Nova" Italian, that Egypt is starting to export natural gas to the European Union by the end of 2018.

L & # 39; Agency pointed out that the excess production of natural gas in Egypt will be about one billion cubic feet per day, "Egypt is determined to abide by the contracts signed for the export of gas to the EU countries, "said Mohamed Saad Eddin, from the Union of LNG Consumers.

The European Union has expressed its continued support to Egypt for it to become a regional gas center utilizing gas liquefaction plants, both in Edco and in Damietta, to export gas to European markets. "Egypt has 29 gas processing plants and 2 natural gas liquefaction plants (Edco and Damietta) and the first infrastructure of total capacity plus trains of 7.2 million tons per year, with projects of production by 2020, which coincides with the prosperity of the field.including a plant equivalent to 5 million tons per year owned 80% by Union Fenosa Gas, a joint venture between Spanish Gas Company and the company. Italian ENI, and the remaining 20% ​​of Egyptian state-owned enterprises, as well as two storage and retrofit units (Fsru) A maximum of 1.3 billion cubic meters per day. "

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