Egypt exported 172 bcf of gas via 45 cargoes from Idku in FY 2018-2019

Egypt exported 45 cargos of natural gas carrying a total of 172.8 bcf from the Idku liquefaction plant in FY2018-2019, according to the Egyptian Natural Gas Holding Company (EGAS).

Egypt had hoped that returning Idku to full capacity would see exports increase to 1.13 bcf/d, but EGAS canceled several LNG tenders from the facility due to low bids and growing domestic demand. Idku’s natural gas exports fell by 80% between August and mid-October.