LNG Journal Middle East Editor
Egyptian LNG turned a natural gas find into a commercial LNG venture in record time as it set an industry benchmark by delivering the first cargo from Egypt just six years after the first gas field discovery.
ELNG is a partnership between the Egyptian Natural Gas Holding Co., the Egyptian General Petroleum Co, BG Group of the UK, Petronas of Malaysia and Gaz de France.
The natural gas liquefaction and export project is located at Idku, in the Nile Delta, 50 kilometres east of the city of Alexandria.
In May 1995, the Egyptian General Petroleum Corp. signed a concession agreement with affiliates of BG and Edison SpA of Italy, giving the two foreign partners the right to explore for hydrocarbons in the Mediterranean deep water, north east of Alexandria.