Egypt leases backup gasification unit
The article discusses Egypt's decision to rent a floating liquefied natural gas (LNG) unit from ENERGOS FORCE for two months, aimed at providing a backup alternative to the country's four existing gasification units. This is intended to meet Egypt’s liquefied natural gas (LNG) needs during maintenance or emergencies. This move is part of Egypt's efforts to expand LNG imports, as the country began importing gas in April 2024 to address increasing demand, while also contracting new gasification units. The unit operating at the Damietta port features a high vaporization capacity and represents an important step towards enhancing the flexibility of Egypt’s gas supply system. This comes amid a 166% increase in Egypt's LNG imports during the second quarter of the year. According to data from Kpler, Egypt's imports are projected to reach 9.9 million tons in 2026, approximately 130 shipments, in a bid to secure gas supplies amid rising demand.
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