SEGAS LNG - History

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:

    “Modern Western thought will pass into history and be incorporated in it, will have its influence and its place, just as our body will pass into the composition of grass, of sheep, of cutlets, and of men. We do not like that kind of immortality, but what is to be done about it?”
    —Alexander Herzen (1812–1870)

    “A poet’s object is not to tell what actually happened but what could or would happen either probably or inevitably.... For this reason poetry is something more scientific and serious than history, because poetry tends to give general truths while history gives particular facts.”
    —Aristotle (384–323 B.C.)

    “These anyway might think it was important
    That human history should not be shortened.”
    —Robert Frost (1874–1963)