Middle East Economic Survey


No 26



Eni, Union Fenosa Plan Second Train At Damietta

Italys Eni and Spains Union Fenosa, joint partners in the Spanish Egyptian Gas Company (SEGAS), on 18 June signed a framework agreement for the construction of a second 5mn tons/year LNG train at Damietta, the site of Egypts first LNG train, which came on-stream in January 2005 (MEES, 31 January 2005). The announcement followed the signing on the same day of a renewal agreement for the...