Latest news with #UGDC
See - Sada Elbalad
3 days ago
- Business
- See - Sada Elbalad
EgyptAir Cargo Transports Giant Marine Loading Arms to Support Regasification Units
Taarek Refaat EgyptAir Cargo has successfully received two Antonov AN-124 aircraft at Cairo International Airport to transport two massive shipping arms, key components of floating storage regasification units (FSRU), in a pivotal move to bolster Egypt's energy infrastructure. These units are critical for the country's ongoing efforts to secure its energy needs, with the parts being delivered to the UGDC quay at Damietta Port. The Massive shipping arms, also known as Marine Loading Arms (MLAs), are indeed key components of Floating Storage Regasification Units (FSRUs). This operation is part of a broader national strategy aimed at enhancing Egypt's energy capacity and ensuring stable supply chains for the country's growing demand for liquefied natural gas (LNG). The FSRU units will play a crucial role in LNG storage and regasification, allowing Egypt to import natural gas more efficiently, process it, and distribute it for domestic and international markets. The shipment of these specialized components signifies a major step in the country's efforts to diversify and expand its energy resources. The floating storage and regasification units (FSRUs) will be installed at the UGDC facility in Damietta, one of Egypt's most strategic natural gas terminals. These units are designed to receive, store, and transform LNG into a vaporized state for transportation through the national gas pipeline network, facilitating energy imports and optimizing storage capacity. "These large and complex components are integral to our ability to ensure energy security for Egypt in the long term," stated an official from EgyptAir Cargo. "By leveraging the world's largest cargo aircraft, we are not only ensuring the safe delivery of these components but also demonstrating our commitment to supporting national infrastructure projects." Strategic Importance of the UGDC Project The UGDC terminal at Damietta Port holds strategic importance in Egypt's LNG infrastructure. The new FSRU units will not only enhance Egypt's capacity to process and store LNG but also reinforce the country's role as a key player in the global energy market. The initiative is part of a larger effort to develop Egypt's natural gas reserves and ensure the country remains self-sufficient in its energy needs while also maintaining its position as a significant exporter of energy. read more CBE: Deposits in Local Currency Hit EGP 5.25 Trillion Morocco Plans to Spend $1 Billion to Mitigate Drought Effect Gov't Approves Final Version of State Ownership Policy Document Egypt's Economy Expected to Grow 5% by the end of 2022/23- Minister Qatar Agrees to Supply Germany with LNG for 15 Years Business Oil Prices Descend amid Anticipation of Additional US Strategic Petroleum Reserves Business Suez Canal Records $704 Million, Historically Highest Monthly Revenue Business Egypt's Stock Exchange Earns EGP 4.9 Billion on Tuesday Business Wheat delivery season commences on April 15 News Israeli-Linked Hadassah Clinic in Moscow Treats Wounded Iranian IRGC Fighters News China Launches Largest Ever Aircraft Carrier Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Business Fear & Greed Index Plummets to Lowest Level Ever Recorded amid Global Trade War News "Tensions Escalate: Iran Probes Allegations of Indian Tech Collaboration with Israeli Intelligence" News Flights suspended at Port Sudan Airport after Drone Attacks Videos & Features Video: Trending Lifestyle TikToker Valeria Márquez Shot Dead during Live Stream Arts & Culture Hawass Foundation Launches 1st Course to Teach Ancient Egyptian Language
Zawya
07-07-2025
- Business
- Zawya
Egypt secures natural gas supplies to all sectors via 4 FSRUs
Arab Finance: The Ministry of Petroleum and Mineral Resources is securing natural gas supplies to all sectors via four floating storage and regasification units (FSRUs), according to a statement. This move comes within the first pillar of the ministry's strategy to boost production and secure the state's needs of energy. It helps fulfill the demands of the electricity, industrial, and economic sectors safely and sustainably in line with the changing regional and internation energy market. The strategy aims to diversify the inputs into the national natural gas network to include production from domestic fields, pipeline-imported gas, and liquefied natural gas (LNG). Additionally, the ministry signed several agreements with leading international companies to lease advanced FRUs, which will expand the system's capacity and support a stable supply during peak periods. The ministry also highlighted efforts to prepare several new berths and connect them to the national gas grid, sustainably boosting Egypt's gas infrastructure. This will ensure balanced distribution between supply and demand areas to maximize the stability of the national grid. Berths have been deployed at the Sumed and Sonker ports in Ain Sokhna, in addition to the United Gas Derivatives Company (UGDC) berth in Damietta. This comes as part of the final phase of connecting the FSRUs to their designated berths according to the planned timeline. The 'Hoegh Galleon' unit has been deployed at Ain Sokhna since 2024, while the 'Energos Eskimo' and 'Energos Power' are connected to the Sumed and Sonker berths in Ain Sokhna. This is in addition to the 'Winter' unit connected to UGDC's berth in Damietta. Hence, the four units' combined daily capacity during the peak consumption of 2025 will stand at 2,700 million cubic feet. In cooperation with Jordan, a fifth FSRU, Energos Force, is expected to arrive at the Port of Aqaba by the end of July, as it will be connected to the Arab Gas Pipeline. This will add a new gateway to the national grids, enhancing the ability to respond to any emergencies during the summer, with a regasification daily capacity of up to 750 million cubic feet. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (
CairoScene
07-07-2025
- Business
- CairoScene
Egypt Receives World's Largest Marine Loading Arm
The arm will serve the country's fourth floating storage regasification unit to enhance system responsiveness and expand supply capacity during periods of fluctuating demand. Jul 07, 2025 Egypt has received the world's largest marine loading arm as part of efforts to expand its natural gas infrastructure ahead of the summer season. The equipment - delivered to Cairo International Airport by one of only four Antonov aircraft capable of carrying such oversized cargo - is designated for installation at the United Gas Derivatives Company (UGDC) dock in Damietta. It will serve the country's fourth floating storage regasification unit (FSRU), named Winter, which is expected to begin operations in the coming weeks. The Ministry of Petroleum confirmed that this development falls within a broader national strategy to maintain the stability and resilience of natural gas supplies. The unit is scheduled to be connected to the national gas grid through the Damietta facility, with the aim of supporting increased demand from power generation and industrial sectors during the peak summer period. In parallel, regional supply efforts are also underway. The regasification unit Energius Force is expected to arrive at Jordan's Aqaba port later this month, where it will be connected to the Arab Gas Pipeline. This is intended to provide emergency capacity and support regional energy stability.
