ELNG

What ELNG does

Egyptian LNG (ELNG) is a private joint venture company that operates one of Egypt's largest and lowest-cost liquefied natural gas (LNG) export facilities, located at Idku, approximately 50 km east of Alexandria. The company's core business is the production and export of LNG from two operational liquefaction trains, each with a nameplate capacity of 3.6 million tonnes per annum (mtpa), for an aggregate capacity of 7.2 mtpa. The facility uses the ConocoPhillips Optimized Cascade Process as its core liquefaction technology and was constructed by Bechtel beginning in 2002. The Idku site is engineered to accommodate future expansion of up to six trains in total, with potentially different ownerships and sources of feed gas. The venture was established in 2001 following the 1995 EGPC concession agreement with BG and Edison to explore the West Delta Deep Marine (WDDM) region, where world-class gas discoveries ultimately exceeded domestic Egyptian demand and were redirected to LNG export.

ELNG's revenue model is a B2B, long-term contract offtake structure: 100% of Train 1 output (3.6 mtpa) is committed to Engie under a 20-year agreement signed in January 2002, and 100% of Train 2 output (3.6 mtpa) is committed to STASCO (Shell) under a separate long-term agreement. Ownership is held jointly by Egyptian state entities — Egyptian General Petroleum Corporation (EGPC) and Egyptian Natural Gas Holding Company (EGAS) — and foreign shareholders Royal Dutch Shell (which inherited BG's stake), PETRONAS (which acquired Edison's stake in 2003), and TotalEnergies S.E. (which inherited ENGIE/GdF's interest). ELNG is therefore Egypt's largest LNG joint venture, combining local government participation with the international operating experience of three global energy majors.

The company's go-to-market is essentially captive to its offtakers, with no evidence of spot-market sales, marketing channels, or end-customer diversification beyond these two anchor contracts. Operations are supported by ISO 9001, ISO 14001 and OHSA 18001 certifications, an active Social Performance Collaboration Forum with neighboring operators, and a sustained safety record recognized by multiple RoSPA Gold Medals (10 consecutive by 2018), Du Pont and PETRONAS awards, and Project Finance industry deal-of-the-year recognition. The disclosed headcount of 251–500 employees is consistent with a highly automated, capital-intensive LNG export operation rather than a labor-intensive services business.

Name

ELNG

Legal name

Egyptian Liquefied Natural Gas

Website

https://egyptianlng.com

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

251–500 employees

Short description

Egyptian LNG (ELNG) operates two 3.6 mtpa LNG liquefaction trains at Idku, Egypt, using the ConocoPhillips Optimized Cascade Process. It supplies international energy majors Engie and STASCO/Shell under 20-year contracts as a joint venture of EGPC, EGAS, Shell, PETRONAS, and TotalEnergies.

Ownership category

akta.pro rank

Product category

LNG Production and Export

akta.pro primary industry

LNG Liquefaction Plants (Onshore & FLNG) (EUALAFAA)

akta.pro secondary industries

LNG Import/Export Terminals & Storage (Regas, Peak Shaving, Small-Scale LNG) (EUALAEAD), LNG Contracting & Commercial (SPAs, Tolling, Offtake, Pricing) (EUALAFAF), LNG Import/Export Terminals (Liquefied Natural Gas) (TLAHABAL)

Keywords

• Liquefied natural gas production
• LNG export services
• Natural gas liquefaction
• LNG joint venture
• Gas processing operations

Headquarters

HQ city

Idku

HQ country

Egypt

HQ region

Africa

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Infrastructure, Technology or R&D

Distribution channels1 record

Marketing channels2 records

Core offering

Egyptian LNG (ELNG) operates a dual-train LNG liquefaction and export facility at Idku, Egypt. Each of the two trains has a capacity of 3.6 million tonnes per annum (mtpa), totaling 7.2 mtpa, using the ConocoPhillips Optimized Cascade Process. The company produces and exports liquefied natural gas under long-term offtake agreements, notably a 20-year 3.6 mtpa contract with Engie (formerly GdF) for Train 1 output and a comparable 3.6 mtpa arrangement with STASCO (Shell) for Train 2 output. The site has permitted expansion headroom for up to six trains with potentially different ownership and feed gas sources.

Product overview

Egyptian LNG (ELNG) operates a dual-train liquefied natural gas production facility at Idku, Egypt. The company offers LNG production and export services through two operational trains, each with 3.6 million tonnes per annum capacity, utilizing the ConocoPhillips Optimized Cascade Process. The facility represents Egypt's largest LNG joint venture, combining local shareholders (EGPC, EGAS) with international partners (Shell, PETRONAS, TotalEnergies). The infrastructure supports expansion up to six trains with potentially different ownership structures and feed gas sources.

Differentiator

Problem solved

Functional benefit

Products and services

• LNG Production - Train 1 Single-train LNG liquefaction facility with a capacity of 3.6 million tonnes per annum, built by Bechtel using the ConocoPhillips Optimized Cascade Process. Output is supplied to Engie (formerly GdF) under a 20-year offtake agreement signed in January 2002.
• LNG Production - Train 2 Second LNG liquefaction train with matching 3.6 million tonnes per annum capacity. Output is sold under a long-term agreement to STASCO (Shell).
• Integrated LNG Export Facility at Idku Integrated world-class LNG processing and export facility at Idku, 50 km east of Alexandria, Egypt, providing processing, liquefaction, storage, and shipping services. The site is permitted for expansion up to six trains with potentially different ownership structures and feed gas sources.

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Six partnerships are on record, tiered core and minor.

• Egyptian General Petroleum Corporation (EGPC)coreStrategic or Co-development PartnerGovernment-owned mother of all Egyptian oil companies; 50% partner in every oil production concession; jointly manages enormous portfolio of hydrocarbons resources comprising oil, gas and condensates. Core local shareholder in ELNG joint venture.
• Egyptian Natural Gas Holding Company (EGAS)coreStrategic or Co-development PartnerKey vehicle through which Egyptian Government promotes and drives the natural gas industry; established August 2001 to unify Egypt's extensive gas industry; entity through which government participates in natural gas activities covering full supply chain from exploration to distribution. Core local shareholder in ELNG joint venture.
• Royal Dutch Shell (RDS)coreStrategic or Co-development PartnerShell companies in Egypt wholly owned by Royal Dutch Shell plc; actively contributing to development of Egypt's natural resources and people since 1911; spans upstream oil and gas E&P, LNG through ELNG joint-venture, and lubricants business. Major foreign shareholder in ELNG (previously through BG).
• PETRONAScoreStrategic or Co-development PartnerMalaysia's national petroleum corporation wholly owned by government; integrated international oil and gas company with business interests in more than 30 countries; engaged in wide spectrum of petroleum activities including gas processing and liquefaction, LNG marketing; one of biggest LNG producers worldwide with extensive LNG experience. Acquired Edison's share in 2003.
• TotalEnergies S.EcoreStrategic or Co-development PartnerBroad energy company producing and marketing fuels, natural gas and electricity; 100,000+ employees committed to cleaner and accessible energy; active in more than 130 countries. Foreign shareholder in ELNG (previously through ENGIE/GdF).
• Social Performance Collaboration Forum (SPCF) PartnersminorStrategic or Co-development PartnerForum comprising Shell Egypt, PICL, Edison, Engie, Rashid Petroleum, Burullus Gas, and ELNG to oversee social performance program in Idku community in accordance with IFC Performance Standards.

Recent moves9 records

Expansion highlights4 records

Direct peers

• Peru LNG: Peruvian single-train LNG plant with participation from Hunt Oil, Repsol, and others; comparable mid-scale single-train LNG export facility using Optimized Cascade technology with SPA-driven revenue model.
• Nigeria LNG (NLNG): Multi-train LNG joint venture in Bonny, Nigeria with consortium of NNPC, Shell, TotalEnergies, and Eni; directly comparable multi-shareholder IOC-backed LNG plant producing contracted LNG for export with similar SPAs and long-term offtaker structures.
• Sabine Pass LNG (Cheniere): US Gulf Coast LNG export facility with multiple large trains producing LNG for export via long-term SPAs; directly comparable as a multi-train LNG export terminal with merchant exposure and similar capital-intensive, contract-based revenue model.
• SEGAS (Damietta LNG): Damietta-based Egyptian LNG plant operated by ENI/Spain's Union Fenosa; Egypt's second LNG facility producing LNG from Mediterranean gas, the most direct domestic peer to ELNG with overlapping offtake, feed, and customer base.
• Tangguh LNG: Indonesian two-train LNG facility operated by BP with Mitsubishi, INPEX, and Chinese partners; comparable multi-train onshore LNG export operation with JV shareholding and long-term offtake agreements.
• Gorgon LNG: Australia-based three-train LNG project operated by Chevron with ExxonMobil and Shell as partners; comparable multi-IOC joint venture structure, multi-train liquefaction plant, and long-term SPA-based LNG export business.
• Atlantic LNG (Trinidad): Trinidad-based four-train LNG facility with BP, Shell, and Repsol as major partners; directly comparable IOC-backed multi-train LNG export operation selling contracted volumes internationally.
• Brunei LNG: Brunei-based LNG plant operating since 1972 with Shell and Mitsubishi participation; a comparable long-standing single-site LNG liquefaction and export operation with similar SPA-driven revenue structure and IOC shareholding.

Broad incumbents

• PETRONAS LNG (Petronas): Malaysia's national oil company and one of the world's largest LNG producers with interests in multiple LNG trains globally; a major ELNG shareholder and broader LNG incumbent with portfolio LNG operations, technology, and LNG marketing capabilities.
• Qatargas: World-scale Qatar-based LNG operator with mega-trains; broad incumbent and major global LNG supplier with extensive long-term SPA portfolio, comparable technology base (AP-C3, Optimized Cascade) and IOC shareholders, and superior scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ELNG