History
The LNG plant was ordered in 2000 and the construction works started in September 2001. The complex came on-stream in December 2004 and the first cargo was load on 20 January 2005. When SEGAS LNG became operational, it was the largest single train LNG plant in the world.
On 28 March 2005. Eni, BP, and EGAS signed a memorandum of understanding of construction of the second train. On 19 June 2006, partners signed the framework agreement for the expansion of the capacity of the LNG plant to 10 million tonnes per year. It was planned to be supplied from the Satis gas discovery in the offshore Nile Delta. However, the plan was postponed due limited gas reserves and increased domestic demand in Egypt.
Read more about this topic: SEGAS LNG
Famous quotes containing the word history:
“Most events recorded in history are more remarkable than important, like eclipses of the sun and moon, by which all are attracted, but whose effects no one takes the trouble to calculate.”
—Henry David Thoreau (1817–1862)
“A man acquainted with history may, in some respect, be said to have lived from the beginning of the world, and to have been making continual additions to his stock of knowledge in every century.”
—David Hume (1711–1776)
“Spain is an overflow of sombreness ... a strong and threatening tide of history meets you at the frontier.”
—Wyndham Lewis (1882–1957)