Egypt

Egypt seeks operating LNG plants at full capacity in 2023

Published on : 2023-01-03

Egypt is planning to fully operate its natural gas liquefaction plants at full capacity throughout 2023, Asharq Business reported on January 3rd, citing the Minister of Petroleum and Mineral Resources, Tarek El-Molla.

Egypt has two liquefaction plants, Damietta and Idku, with a total production capacity of 2.1 billion cubic feet per day.

It is worth noting that Egypt’s natural gas export revenue surged by 171% year-on-year (YoY) to around $8.4 billion in 2022 from around $3.5 billion in 2021.

The north African country achieved 53 new oil and gas discoveries in 2022.

Egypt, Italy probe cooperation in petroleum, renewable energy fields

According to a statement on April 22nd

Shell Egypt and Partners Launch 11th Phase Development in Nile Delta Offshore Concession

Shell Egypt, along with partners EGAS, EGPC, and Petronas, have agreed to commence the 11th development phase in Egypt Nile Delta offshore West Delta Deep Marine (WDDM) concession in the Mediterranean Sea.

El Molla Reviews Methanex Plant Progress: Boosting Methanol Production and Sustainability

Minister of Petroleum and Mineral Resources Tarek El Molla recently inspected progress at the Methanex plant in Damietta, reviewing state-of-the-art facilities and production units designed for maximum safety and global sustainability