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Will Egypt see its import of LNG end in the near future? According to the country’s petroleum minister, Tarek El Molla, it will. The minister said that imports of LNG should end in 2018 and Egypt may eventually restart gas exports, once the Zohr gas development starts production.
The majority of the output from ENI’s Zohr project will go to supply the domestic market, with any surplus available to be processed at one or both of the country’s two existing LNG facilities for international sale in 2019, El-Molla said in a Bloomberg interview.
El Molla went on to say that if the Zohr and other gas fields generate enough supplies, Egypt may consider adding a third LNG export terminal.