Eni plans to complete establishing the onshore pipeline connecting Zohr gas treatment plant in Port Said to Damietta Liquefaction plant by April 2019.
The plan is to export liquefied natural gas (LNG) from some of Zohr’s production to the European markets upon obtaining a license from the Ministry of Petroleum, a source at the ministry told Al Borsa Newss.
According to Eni’s agreement to develop Zohr, the company is entitled to export gas quantities to global markets after obtaining the license from the ministry, the source said.
Eni purchased a share at the Idku liquefaction plant after making the Zohr discovery, with a target to export parts of its production, the source noted.
Moreover, Eni owns around 26% of the Damietta liquefaction plant after buying 50% of Union Fenosa’s share. In addition, Eni had contracted to pump 750 million standard cubic feet per day (mmscf/d) to Damietta plant.