Tuesday, 02 January 2024 12:17 GMT

Egypt aims to cut imports of LNG to 80 cargoes in 2017/18


Date:

(MENAFN) Egypt is aiming to import 80 cargoes of LNG amid this year and the coming year, down from the 118 cargoes imported in 2016.

The country has been trying to speed up the development of recent gas discoveries with a view to uncertain imports by 2019.

Meanwhile, Egypt predicts to boost its LNG production by 1bn cubic feet per day by the end of the recent fiscal year to reach 6.2bn cubic feet per day.

Furthermore, gas production will get a big support from Italian national oil firm Eni"s Zohr field.

MENAFN1408201700450000ID1095728308


MENAFN

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.



More Story

Search