Egypt Takes Delivery of Second Floating LNG Terminal

Egyptian Natural Gas Holding Company (EGAS) took delivery of the second FLNG terminal on Wednesday and operations are expected to start late October, reported Daily News Egypt.

The newspaper said that start-up of the terminal provided by BW Group was delayed till end October as the pier in Ain Sokhna Port where the ship is to dock has not been completed.

A senior official at EGAS told Daily News Egypt that the ship will receive about 700m cubic feet of gas per day to pump into the national network. In August, EGAS inked a five year agreement with BW Group to lease Egypt’s second FSRU terminal. Last year EGAS signed an agreement with Höegh LNG to lease the first terminal, which started operation in May this year.

Meanwhile, the official said that a tender to import 45 shipments of liquefied natural gas (LNG) for a period up to the end of 2016 will be completed next week, after the 12 presented offers are evaluated.