Middle East Economic Survey


No 8



BG Group Confirms Acceleration Of Egypt LNG Project

BG Group on 15 February confirmed during its Strategy Presentation that it had accelerated the Egypt LNG (ELNG) project (MEES, 7 February). Train 1 will now be on-stream three months early, while Train 2 will become operational six months earlier than planned. Train 1 had been due to come on-stream in the third quarter of 2005 and Train 2 in mid-2006. Supply to both trains has...