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Deputy Fuad: Gas Ships Supply 39% of Egypt's Gas
The article discussed an incident involving an attack on a small Egyptian gas liquefaction ship at the port of Damietta, which resulted in reduced flexibility in Egypt's natural gas supplies. The damaged vessel was responsible for providing approximately 7% of Egypt's gas needs, around 450 million cubic feet per day, and is the smallest among the liquefaction ships operating in Egypt. Egypt relies on four liquefaction ships, three of which are operated by American companies, while the other ships operate at the Ain Sukhna ports. To compensate for the shortfall, Egas (Egypt's natural gas company) has leased an offshore storage vessel. Data confirm that this incident is unlikely to cause a complete halt to Egypt's gas supplies.
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