Middle East Economic Survey

VOL. XLIX

No 26

26-Jun-2006

EGYPT

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...