Arab Finance: Egypt is set to lease the Energos Eskimo, a floating storage and regasification unit (FSRU), by mid-2025, unnamed sources familiar with the matter told Bloomberg.
The vessel will be relocated from Jordan’s Aqaba terminal to Ain Sokhna on Egypt’s Red Sea coast under a 10-year lease agreement with the state-owned Egyptian Natural Gas Holding Company (EGAS).
The Energos Eskimo, controlled by New Fortress Energy and owned by shipping firm Energos, will serve as Egypt’s second LNG import terminal.