Egypt

LNG Tanker Cancels Arrival at Idku LNG in Egypt After Drop in Feed Gas Amid Israeli Conflict

Published on : 2023-10-25

A vessel has canceled its arrival at the Idku LNG terminal in Egypt, where feed gas deliveries have been reduced by Chevron Corp.’s move to shut down the Tamar gas field offshore Israel after war broke out there earlier this month. 

Egypt resumed loading cargoes Oct. 5. Until that point, it hadn’t exported any LNG since July amid a heat wave that forced the country to conserve gas for domestic consumption.

It has loaded only two cargoes since then. The Minerva Limnos was scheduled to arrive at Idku on Wednesday, but it has diverted to the U.S. Gulf Coast, according to Kpler vessel-tracking data. Since Hamas attacked Israel on Oct. 7 and the Tamar field was shut down, the Seapeak Catalunya also left Idku without being loaded. 

Finnish authorities said Tuesday they now believe damage to the subsea Balticconnector natural gas pipeline linking Finland and Estonia was likely caused by a ship’s anchor dragging on the seabed.

Finnish police have recovered a lost anchor near where the pipeline was ruptured on Oct. 8. Authorities are trying to determine if the anchor came from a Chinese container vessel by accident. They had previously been investigating whether the incident was an act of sabotage. Repairs on the 93 Bcf/year pipeline could take months.

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