Egyptian LNG (ELNG)

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The ELNG project comprises a Liquefied Natural Gas (LNG) liquefaction plant and related infrastructure at Idku, approximately 50 kilometers east of Alexandria. The complex has two LNG trains running, each at a capacity of 3.6 million tonnes per year.[1] The plant shipped its first cargo in May 2005.[2]

ELNG is Egypt's largest liquefied natural gas joint venture,[3] and the complex has sufficient space for a further four LNG trains.[4]

Ownership structure and expansion potential

The company is a joint venture between Malaysia's Petronas and the Egyptian General Petroleum Corporation (EGPC), Egyptian Natural Gas Holding Company (EGAS), BG Group, and Gaz de France.[5] The commercial structure of Egyptian LNG has been designed to allow future expansion without the need to involve all existing partners, and it is possible that third parties could supply gas to future Egyptian LNG trains, according to A Barrel Full.[6] The ELNG complex is designed to allow other gas producers in Egypt to invest in future LNG export trains without having to replicate supporting infrastructure, and is intended to make future expansions of ELNG easier to finance.[7]

References

  1. "Egyptian LNG", Petronas website, retrieved 10 June 2013.
  2. "Egyptian LNG Project (ELNG)", Egyptian Natural Gas Holding Company, retrieved 10 June 2013.
  3. "Welcome to Egyptian LNG", ELNG website, retrieved 10 June 2013.
  4. "Elng Idco Lng Terminal", A Barrel Full, retrieved 10 June 2013.
  5. "Egyptian LNG", Petronas website, retrieved 10 June 2013.
  6. "Elng Idco Lng Terminal", A Barrel Full, retrieved 10 June 2013.
  7. "BG and partners agree principal terms for Egyptian LNG Train 2", BG Group website, 2 July 2003.