Daily News Egypt: Idku plant LNG exportation collapses 2014: BG official

The Idku liquefied natural gas (LNG) factory exports decreased from approximately 50 LNG shipments in 2013, to 5 shipments in 2015, according to a senior British Gas (BG) official.

The export figures come in light of the inbound gas shortage currently ongoing in Egypt. The official said that for the factory to achieve revenue and expenditure self-sufficiency, it needs to export at least 22 shipment of LNG annually.

He pointed to the decrease in gas production from the Borollos fields, roughly 900m cubic feet of gas per day, compared with 1.2bn feet in 2013. The domestic gas market’s needs led to the reduction of the gas pumped to Idku LNG, with the company only exporting approximately five shipments during 2014.
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