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Egyptian LNG Company, GE Energy Sign LTSA

Posted on September 2, 2005

GE Energy has signed a 14-year contractual service agreement (CSA) with the Egyptian Operating Company for Natural Gas Liquefaction Projects S.A.E. (Egyptian LNG) covering two liquefied natural gas (LNG) trains at the Idku LNG plant east of Alexandria, Egypt. The first LNG train at the plant began operating in March and the second was scheduled to start operations in September or October of this year.

Under the agreement, valued at US$169 million, GE will provide all scheduled and unscheduled maintenance services, as well as provide availability guarantees and the supply of spare parts for 12 gas turbines and 20 gas compressors. The gas turbines are all GE Frame 5-2D machines, while the compressors are horizontally split and barrel-type centrifugal units used in the Phillips LNG refrigeration process. For scheduled maintenance activities included under the CSA, GE will apply its patented modular replacement method.

Egyptian LNG is owned by British Gas Asia Pacific Holdings Pte. Ltd., PETRONAS, Egyptian Natural Gas Holding Company (EGAS), Egyptian General Petroleum Corporation (EGPC) and GDF International (Gaz De France). The LNG produced at the Idku plant will be sold on the spot market in Europe and internationally.

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