Eni announces 500th cargo from Damietta LNG
Eni on February 1 said Damietta LNG facility in Egypt has successfully produced and loaded its 500th LNG cargo from the start-up of operations in 2005. Since its restart in 2021, the Damietta LNG facility exported 7.2mn metric tons of LNG.
Damietta LNG last year produced and exported approximately 4mn mt of LNG, which is the largest volume in its almost 20-year history. Around 60% of the total shipments from the Damietta plant were delivered to Europe.
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The Damietta LNG plant, which re-commenced production in 2021, is operated through a joint venture between Eni and Egas.
Eni has been present in Egypt since 1954, where it operates through the subsidiary IEOC. The company is currently the country's leading producer with an equity production of hydrocarbons of approximately 350,000 barrels of oil equivalent/day. In 2022 Eni produced almost 60% of the total gas produced in the country.