Egyptian LNG has awarded a feasibility study contract to the Bechtel-led Coalition for Decarbonization that includes 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. H.E. Tarek El-Molla, Egyptian Minister of Petroleum and Mineral Resources, hosted the signing ceremony during the Decarbonization Day events at COP 27 in Sharm El Sheikh, Egypt.
The feasibility 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 reliable, responsible, and 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 Coalition for Decarbonization was formed earlier this year between Bechtel, Enppi, Petrojet, Baker Hughes, GE Digital, HSBC and National Bank of Egypt, under the auspices of H.E. Minister Tarek El Molla.