Egypt Stops Damietta LNG Exports to Eni

Egypt Stops Damietta LNG Exports to Eni

Egypt has stopped exporting Eni’s share of liquefied natural gas from the Damietta terminal, Eni’s head of midstream business Marco Alvera told Reuters.

Egypt is no longer exporting the gas we have a right to from the Damietta plant,” he said.

The Spanish Egyptian Gas Company (SEGAS) liquefied natural gas complex in Damietta, Egypt, is situated on the Mediterranean Coast 60km west of Port Said.

The operating company, SEGAS, is controlled by Union Fenosa Gas in conjunction with ENI of Italy (80%) and two state-owned Egyptian companies – Egyptian Natural Gas Holding Company (EGAS – ten percent) and Egyptian General Petroleum Corporation (EGPC – ten percent).

LNG World News Staff, July 15, 2013; Image: EGAS