Page 6 - GLNG Week 21 2022

GLNG AFRICA GLNG

Egypt’s Idku LNG plant

exports 1.3mn tonnes in 2022

EXPORTS EGYPT has exported an estimated 1.3mn tonnes after the Russian-Ukrainian crisis, have played a
of liquefied natural gas (LNG) so far this year key role encouraging Egyptian LNG operators to
until the middle of May via 20 shipments from divert exports from previously lucrative Asian to
the Idku liquefication plant located on the Medi- European markets.
terranean coast, Al Sherouq newspaper reported Egypt’s LNG exports from its Idku and Dami-
quoting sources from Shell, operator of the plant. etta trains rose from 1.5mn tonnes per year in
European markets replaced their Asian coun- 2020 to 6.5mn tpy in 2021. LNG exports are
terparts as the leading importers of Egyptian projected to rise further this year to 8.5mn tpy,
LNG this year. About 71% of Egypt’s total LNG according to British Petroleum estimates. The
exports were destined to European markets since Idku and Damietta trains have a combined
the beginning of the year led by Turkey, Spain annual production capacity of 12mn tpy.™
and France. High gas prices in Europe, especially

German, Senegalese leaders focus on gas

projects at meeting in Dakar

POLICY NATURAL gas projects were among the key this context.”
items on the agenda at a meeting between Ger- Senegal is not currently a producer of oil or
man Chancellor Olaf Scholz and Senegalese gas. However, it has found both types of hydro-
President Macky Sall at the weekend. carbons in its offshore zone, and it is gearing
Scholz, who kicked off his first state visit up to begin production next year at the Greater
to Africa on Sunday, May 22, stated that Ger- Tortue/Ahmeyim gas field, block, which strad-
many was very keen on working with Senegal to dles the maritime border with Mauritania. GTA,
develop local gas fields, produce LNG and make which is believed to hold some 15 trillion cubic
use of renewable energy resources. “It is a mat- feet (425bn cubic metres) of natural gas, is being
ter worth pursuing intensively,” he said at a press developed by BP (UK) and Kosmos Energy (US).
conference with Sall in Dakar. It will support a floating LNG (FLNG) unit capa-
The German chancellor did not say whether ble of turning out 2.5mn tonnes per year (tpy)
his government was interested in any particu- of LNG.
lar projects. However, he commented that both The West African state should also see oil pro-
Berlin and Dakar had an interest in expanding duction begin next year at the Sangomar block,
co-operation on this front. This appears to have where development is being led by Woodside
been a reference to Germany’s hope – and, more Energy (Australia). The block encompasses three
broadly, the EU’s hope – of reducing dependence separate fields – Rufisque, Sangomar Offshore
on Russian crude oil and natural gas imports. and Sangomar Deep Offshore. Oil was discov-
Sall, for his part, indicated that his govern- ered there in 2014, and Woodside estimates that
ment was ready to work with Germany on the offshore licence area contains 645mn barrels
several fronts to promote co-operation in the of oil equivalent in recoverable reserves, includ-
gas arena. With regard to exploration, project ing 485mn barrels of crude oil and 160mn boe of
financing and other matters, he said: “all that is natural gas.™
open, and we are keen to work with Germany in

P6 www. NEWSBASE .com Week 21 27•May•2022