Egyptian LNG offers contract to Bechtel-led coalition for decarbonization

Egyptian LNG contract to Bechtel-led coalition for decarbonization

Egyptian LNG has awarded a feasibility study contract to the Bechtel-led Coalition for Decarbonization.

The coalition partners include Enppi, Petrojet, Baker Hughes, GE Digital, HSBC and NBE. The study will assess implementation of a zero-flaring system at the Egyptian LNG export terminal (ELNG) in Idku, east of Alexandria.

The study will assess options for total routine flaring recovery through modifications to the existing flare and compression systems at the ELNG facility, reducing methane emissions from this strategic regional facility. The project fully supports the Methane Global Pledge signed by H.E. Abdel Fattah Al Sisi, President of Egypt, in June 2022. LNG will play a key role in the supply of sustainable energy to Europe following the tri-lateral agreement signed between Egypt, the European Union, and Israel earlier this year.

The project is part of a wider program between the Coalition and the Egyptian Ministry of Petroleum and Mineral Resources aiming to decarbonize existing oil and gas facilities across the country and deliver on Egypt’s climate change strategy.

The Feasibility Study will be executed on a fast-track basis aiming to move into the Front-End Engineering Design (FEED) phase by early 2023.

The project is a testimony to the operational excellence of the ELNG plant. Reducing greenhouse gas emissions and optimizing fuel consumption and running hours of the rotating equipment will enhance production and reduce operating cost.