Middle East Economic Survey


No 52



Shell Seeks Sufficient Gas Reserves In NEMED Block To Launch LNG Train

Zainul Rahim, chairman of Shell Company in Egypt, on 18 December said Shell was seeking to find reserves of some 3tcf in its offshore North East Mediterranean Deepwater (NEMED) concession that would allow it to establish its own LNG train in either Idku or Damietta, from where LNG exports are already under way. Speaking during an industry conference in Cairo,...