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Egypt eyes Idku LNG restart following Shell deal
Egypt may begin exporting LNG again soon if reports of a deal between Shell and Cairo to supply gas to the Idku plant prove correct Egypt may begin exporting LNG again soon if reports of a deal between Shell and Cairo to supply gas to the Idku plant prove correct.
6 October 2016
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Egypt is slowly moving closer to restarting LNG exports following a deal with Shell to raise the volume of gas sent to the Idku LNG plant.
Shell cut a deal with the Egyptian government in mid-September to send 3.54 million cubic metres per day to Idku from the company’s gas fields to compensate for some of the rising debt Cairo owes to it in receivables, according to a leak from the Ministry of Petroleum reported in the Egyptian media.
Shell would not confirm or...
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