Svitzer extends contract with Egyptian LNG

Svitzer has extended its contract with Egyptian LNG, the operator of the LNG terminal in Idku, Egypt. The new contract will keep Svitzer’s four tugs and three pilot boats servicing the terminal until 2020.

Svitzer and Egyptian LNG have worked closely together to identify the best operational solution for Egyptian LNG’s current gas export requirements, providing Egyptian LNG with full operational flexibility at a competitive cost level.

Commenting on the extension, Torsten Holst Pedersen, Managing Director at Svitzer AMEA, said: “We are very happy to continue the successful partnership with Egyptian LNG. For nearly 10 years we have been able to operate efficiently and with a supreme safety standard at the terminal. We are confident that the cooperation will be beneficial for both parties during the next 5 years as well.”

Adapted from press release by Katie Woodward

Read the article online at: https://www.lngindustry.com/liquefaction/18122014/svitzer-and-egyptian-lng-extend-contract-1972/