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East Med FLNG Solution Emerges Amid Egypt Concerns

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Momentum is increasing behind Chevron potentially choosing to install a floating LNG (FLNG) unit as an export option for a second-phase development of Israel’s 22 trillion cubic foot Leviathan field as fears persist that Egypt’s economic woes could make it an unreliable transport hub for East Mediterranean gas, industry sources say. “We should know by July, FLNG is definitely one of those options on the table,” a Leviathan project source confirms.

Topics:
Gas Supply, LNG Supply, LNG Contracts, Floating LNG, LNG Trade, LNG Projects, Ukraine Crisis
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