The Egyptian Natural Gas Holding Company (EGAS), Shell Egypt, and Petronas has awarded on Saturday a feasibility study contract to the Bechtel-led coalition for decarbonisation, which includes ENPPI, Petrojet, Baker Hughes, GE Digital, HSBC and NBE.
The study will estimate implementation of a zero-flaring system at the Egyptian LNG export terminal (ELNG) in Idku, east of Alexandria.
The agreement came during the Decarbonisation Day event at 27th UN’s climate conference (COP27) hosted in Sharm El Sheikh, Egypt and witnessed by the Minister of Petroleum and Mineral Resources Tarek al-Molla.
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 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 fully supports the Methane Global Pledge signed by the President Abdel Fattah al-Sisi, in June 2022, as the LNG will play a key role in the supply of reliable, responsible, and sustainable energy to Europe.
“I am so proud that Egypt’s oil and gas sector is contributing significantly to achieving top strategic goals and priorities: accelerating decarbonization and applying state-of-the-art technologies and solutions in this domain” al-Molla said.
Enppi’s CEO, Mohamed Abdelaziz said “I’m looking forward for more of our fruitful cooperation and teamwork spirit, that makes me confident that we can together achieve with full commitment to decarbonize our sector.”
