Five months after halting LNG imports, Egypt is tendering to export four cargoes (c.580mn cfd gas) for April-loading. State oil firm EGPC, which has 24% of the country’s 7.2mn t/y Idku LNG export terminal, closed the tender on 18 March. Operator, Anglo-Dutch major Shell exported 21 cargoes from Idku in 2018.
Egypt was a net importer of LNG between 2Q 2015 and September last year. But since then it has again swung to exporting – shipping an average of just over 538mn cfd for October-January (the last month of available data) including a 5-year high of 645mn cfd in December (MEES, 8 March) and 504mn cfd in January. (CONTINUED - 281 WORDS)