In the late 90s of the previous century and early years of this century, Egypt in collaboration with international partners started the development of its LNG sector. This resulted in the Idku and Damietta plants with a capacity of 7.2 and 5.3 mtpa, respectively. However, the availability of feed gas evaporated overnight when domestic demand rose strongly until 2012 and the two LNG plants came to a standstill. Egypt’s fortunes have improved markedly the last couple of years resulting in Idku’s restart. Now, also, Damietta has started working after almost nine years of inactivity. Despite the positive signs, challenges remain. The discovery of several major offshore gas resources during the past decade, of which the supergiant Zohr gas field is the biggest, improved Egypt’s energy outlook. The Idku plant has been exporting since 2018 when production at Zohr started. Furthermore, Egyptian Dolphinus Holding and Israeli Delek Drilling struck a […]