Egypt secures gas supplies to all sectors with four FSRUs vessels ...Egypt

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Egypt secures gas supplies to all sectors with four FSRUs vessels

The Egyptian Ministry of Petroleum and Mineral Resources devised a comprehensive plan to develop and transform the gas sector’s infrastructure, in the first part of a strategy to increase production and secure the country’s energy needs.

This plan aims to enhance Egypt’s ability to secure all the needs of the electricity sector, as well as various industrial and economic sectors, in a safe and sustainable manner.

    This plan keeps pace with regional and international changes in the energy market and enables the country to diversify inputs to the national grid when necessary.

    It includes expanding the import of advanced floating regasification units, which represent a strategic addition to diversifying inputs to the national natural gas grid to include local field production, pipeline import gas, and liquefied natural gas (LNG).

    Several agreements have been signed with leading international companies to lease modern Floating Storage Regasification Units (FSRUs), increasing the system’s capacity and supporting supply stability during peak periods.

    In parallel, work has been underway to equip several new berths and connect them to the national natural gas grid.

    This will achieve a sustainable addition to Egypt’s natural gas infrastructure, while ensuring a balance between supply and consumption areas to maximize the stability of the national grid.

    The quays at Sumed and Sonker ports in Ain Sokhna, and the United Gas Derivatives Company quay in Damietta, have been prepared for the final step of connecting the FSRUs to their designated quays, according to the planned schedule.

    This will bring regasification capacity during peak consumption in 2025 to 2,700 million cubic feet per day.

    This includes the Hoegh Galleon unit in Ain Sokhna starting in 2024, the Energos Eskimo and Energos Power units, which will be connected to the Sumed and Sonker port quays in Ain Sokhna, and the Winter unit, which will be connected to the United Gas Derivatives Company quay in Damietta.

    This brings the total number of FSRUs available in Egypt during the peak summer season to four.

    This comes in addition to close cooperation with Jordan, which has resulted in the arrival of another FSRU, “Energy Force,” which will arrive at the port of Aqaba in Jordan in late July to connect to the Arab Gas Pipeline.

    This provides a new addition to both countries by providing a new gateway to the national grids, enhancing the ability to respond to any emergencies this summer with a regasification capacity of up to 750 million cubic feet per day.

    Egypt secures gas supplies to all sectors with four FSRUs vessels Egypt Independent.

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