Ain Sokhna Hoegh FSRU

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Ain Sokhna Hoegh FSRU is an operating LNG terminal in the Port of Ain Sokhna, Egypt, along the Gulf of Suez.

Location

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Project Details

• Owner: Egas
• Parent Company: Government of Egypt
• Vessel: Hoegh Galleon
• Vessel Owner: Hoegh LNG
• Vessel Parent Company: Morgan Stanley
• Location: floating in the Port of Ain Sokhna, Egypt, along the Gulf of Suez.
• Coordinates: 29.648630, 32.355923 (approximate)
• Capacity: 4.2 mtpa
• Status: Operating
  • Formerly Mothballed
• Type: Import
• Start Year: 2015

Note: mtpa = million tonnes per year; bcfd = billion cubic feet per day

Background

The FSRU entered commercial operation, serving as Egypt’s import terminal, in late April 2015, as the country pushed to secure gas supply and reduce power shortages, informed Energy Egypt. Höegh Gallant FSRU serves under a five-year charter agreement with the Egyptian Natural Gas Holding Company. The FSRU was built in 2014 by the South Korean shipbuilder Hyundai Heavy Industries. It is capable of storing 170,000 cubic meters of the chilled fuel and has a regasification capacity of 500mcf/d. It is installed next to the Sumed BW LNG Terminal in the Port of Ain Sokhna.

The FSRU left Ain Sokhna terminal in 2018 when domestic gas production increased from the recently discovered gas fields in the West Nile Delta and Zohr.

As of 2023, the project has not resumed operation, and it is assumed to be mothballed.

In July 2024, LNG Prime reported that the Hoegh Galleon, which arrived the month prior, had received its first cargo while serving on a short-term loan to Egypt. The agreement with EGAS grants the vessel between June 2024 and February 2026, and is intended "to help Egypt to address potential gas shortages and fuel power plants during summer months."