Edison and BG Supply LNG to Gaz de France

Edison and BG will soon sign a 20-year agreement to supply Gaz de France with liquefied natural gas beginning in 2005. The LNG consortium, which also includes Egypt's EGPC, is going to begin construction of the first train of its planned liquefaction plant at Idku to meet the contract obligations. Idku is on Egypt's Mediterranean coast. The consortium has plans to build a second LNG train after the completion of the first. Gas reserves are to be drawn from the West Delta Deep Marine in the Nile Delta. In November BG and Edison drew close to 1 million cubic meters per day natural gas from exploratory well, Saurus-1.