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 National Bank of Egypt (NBE), reports LNG Industry.
The study will assess implementation of a zero-flaring system at the Egyptian LNG export terminal (ELNG) in Idku, east of Alexandria. Tarek El-Molla, Egyptian Minister of Petroleum and Mineral Resources, hosted the signing ceremony during the Decarbonization Day events at COP27 in Sharm El Sheikh, Egypt.
Implementation of a zero-flaring system
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 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 EU, and Israel earlier this year.
The project is part of a wider programme between the coalition and the Egyptian Ministry of Petroleum and Mineral Resources aiming to decarbonise existing oil and gas facilities across the country and deliver on Egypt’s climate change strategy. The Coalition for Decarbonization was formed earlier in 2022 between Bechtel, Enppi, Petrojet, Baker Hughes, GE Digital, HSBC, and NBE, under the auspices of Minister Tarek El Molla.
The feasibility study will be executed on a fast-track basis aiming to move into the FEED phase by early 2023. The project is a testimony to the operational excellence of the ELNG plant. Reducing greenhouse gas emissions and optimising fuel consumption and running hours of the rotating equipment will enhance production and reduce operating cost.
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Source: LNG Industry