Cranes to Edco liquefied Gas.
One of the biggest projects for liquefied gas.
It is implemented by Petroehit Company, which is one of the largest
companies in the oil field in Egypt. It has been working with
our company since 1990, for 30 years
Edco's natural gas liquefaction plant is one of the most important Egyptian facilities in the gas. industry in the Mediterranean, the largest, and least expensive at the time. it was established, and it is the fastest natural gas liquefaction. project that was established at the global level despite the difficult challenges that faced its implementation.
10 Important information about Edco Natural Gas Liquefaction Plant.
1- The Edco Natural Gas Liquefaction Plant was commissioned in 2005.
2- The lowest possible cost at that time is 2 billion dollars.
3- The plant is considered the largest project for liquefying natural gas in Egypt, as it includes two units for liquefying natural gas with a capacity of 4.1 million tons per year of gas per unit.
4- Its construction value is now 5 times its cost, equivalent to 10 billion dollars.
5- The last installment of the project construction loan was paid in July 2017.
6- Edco's natural gas liquefaction plant is a partnership between the General Petroleum Corporation (12%), the Egyptian Natural Gas Holding Company (EGAS) 12%, British Gas Company, which was acquired by Shell (35.5%), the Malaysian Petronas Company (35.5%), and Engy French "ex-Jazz de France" 5%.
7- The investment cost of the project was funded by 42 international banks in addition to the European Investment Bank
8- The project's first line was put into operation in May 2005 and the first shipment of it was exported to France, and the second line was operational in September of the same year, and it was exported to the United States of America.
9- The plant includes a port for the export of liquefied gas to receive. tankers with a capacity of 165 thousand cubic meters.
10- The plant includes 2 warehouses for storing liquefied gas with a storage. capacity of 140,000 cubic meters for each warehouse.
