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NewsPetroleumEgypt

Ministry of Petroleum and Suez Canal cooperate to establish gas liquefaction plant in Port Said

Karim Badawi, Minister of Petroleum and Mineral Resources, met with Lieutenant General Osama Rabie, Chairman of the Suez Canal Authority, to explore aspects of cooperation in the project of establishing a modern terminal for liquefaction and storage of natural gas in the Port Said area. The project aims to secure the supply of liquefied natural gas (LNG) to Suez Canal Authority locomotives and comes in the context of the Authority’s efforts to shift towards clean energy.

Badawi stressed that the ministry will provide all the necessary support to the Suez Canal Authority to achieve this ambitious project, pointing out that the project will represent a serious step towards operating locomotives using clean fuel in line with global environmental sustainability standards.

Facilitates the movement of tug ships

The minister also expressed appreciation for the constructive cooperation of the Suez Canal Authority in facilitating the movement of the tug ships and providing the necessary navigational support for their safe passage in the ports of Ain Sokhna. This contributed to strengthening the national natural gas network and ensuring the flow of vital supplies to power plants and the industrial sector last summer.

For his part, Lieutenant General Osama Rabie expressed his gratitude for the fruitful cooperation with the Ministry of Petroleum, pointing to the ambition to accelerate the implementation of the planned project, which is a launch to establish similar stations in Egyptian ports to serve the maritime sector and enhance energy efficiency.

He stressed that the Suez Canal has paid special attention to the transit of the tug ships, because of its strategic importance in supporting the national energy system, pointing out that the channel has succeeded in achieving a balance between providing safe transit to different vessels and providing significant economic savings compared to alternative methods, which enhances its position as a preferred option globally.

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