Middle East Economic Survey


No 8



Lack Of Committed Gas Delays Smooth Expansion, Financing Of Damietta LNG

The planned development of a second train at the Damietta LNG plant has been delayed by complications over securing committed gas supplies, MEES learns. The first train at Damietta has been operating for a year and in April 2005 a memorandum of understanding (MOU) was signed for the development of the second. However, a second train cannot be developed on the...