Egypt announces date for Tghyeez Damietta return
The article reviews the details of the resumption of operations of the gas liquefaction ship at the Damietta port in Egypt after it was targeted by a drone attack in July 2026. The ministry expects to restart the ship's operations during the last quarter of this year. It confirmed that the attack did not impact the local gas market thanks to emergency plans implemented to maintain supply stability. Additionally, the article highlights an improvement in exploration and production activities in the oil and gas sector, with the discovery of the "Dina" field in the Mediterranean, which is estimated to contain around one trillion cubic feet of gas, and the government is accelerating its start of production by late 2027. Furthermore, the minister announced the resumption of work in the "Narges" field and new wells in the Meliha fields, aiming to compensate for natural production decline and reduce Egypt's gas imports, while also strengthening infrastructure and linking Cypriot fields with Egyptian gas sources. Efforts have also focused on enhancing Egypt's position as a regional gas trading hub and achieving plans to increase production and meet domestic market needs, including supplying gas to approximately 804,000 residential units during the 2025/2026 fiscal year.
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