{"id":555273,"date":"2021-11-08T04:00:34","date_gmt":"2021-11-08T04:00:34","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/08\/el-molla-meets-us-energy-secretary-in-glasgow-is-more-iftc-finance-in-the-pipeline\/"},"modified":"2021-11-08T04:00:34","modified_gmt":"2021-11-08T04:00:34","slug":"el-molla-meets-us-energy-secretary-in-glasgow-is-more-iftc-finance-in-the-pipeline","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/08\/el-molla-meets-us-energy-secretary-in-glasgow-is-more-iftc-finance-in-the-pipeline\/","title":{"rendered":"El Molla meets US energy secretary in Glasgow + is more IFTC finance in the pipeline?"},"content":{"rendered":"<p><strong>Oil Minister Tarek El Molla met with US Secretary of Energy Jennifer Granholm at <\/strong><strong>the COP26 summit in Glasgow<\/strong>, where they discussed energy cooperation, according to <a href=\"https:\/\/bit.ly\/3BTyAC3\">a ministry statement<\/a>. El Molla had previously announced Egypt's participation in the Net<a href=\"https:\/\/www.energy.gov\/articles\/us-launches-net-zero-world-initiative-accelerate-global-energy-system-decarbonization\">Zero World Initiative<\/a>, launched by the US last week to accelerate the transition to net-zero energy resources. Other topics of discussion included Egypt's promotion of natural gas as fuel, plans to expand the use of hydrogen as an alternative source of power, and the measures taken <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a808ab85-a831-4d56-9377-c799e5e29d18\">to export Egyptian gas to Lebanon<\/a> via Jordan and Syria.<\/p>\n<p><strong>More ITFC finance in the pipeline? <\/strong>International Cooperation Minister Rania Al Mashat and head of the International Islamic Trade Finance Corporation (ITFC) Hani Sonbol talked future cooperation and financing projects with the aim of helping SMEs, according to a <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/266914818812279\">statement from the ministry<\/a>. The ITFC has given GASC and the Egyptian General Petroleum Corporation USD 2.3 bn in financing so far this year.<\/p>\n<p><strong>President Abdel Fattah El Sisi called Iraqi Prime Minister Moustafa Al Kadhimi <\/strong><strong>yesterday <\/strong>following <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/017a7c83-aa80-47eb-9f10-eff0184d4ff0\">the assassination attempt earlier that day<\/a>, said <a href=\"https:\/\/www.facebook.com\/Egy.Pres.Spokesman\/posts\/439713177517416\">Ittihadi<\/a><a href=\"https:\/\/www.facebook.com\/Egy.Pres.Spokesman\/posts\/439713177517416\">y<\/a><a href=\"https:\/\/www.facebook.com\/Egy.Pres.Spokesman\/posts\/439713177517416\">a.<\/a> The Iraqi PM was targeted with a drone loaded with explosives which flew towards his house in Baghdad\u2019s Green Zone yesterday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil Minister Tarek El Molla met with US Secretary of Energy Jennifer Granholm at the COP26 summit in Glasgow, where they discussed energy cooperation, according to a ministry statement. El Molla had previously announced Egypt's participation in the NetZero World Initiative, launched by the US last week to accelerate the transition to net-zero energy resources. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7262],"tags":[168,557,72,2417,845,223],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-555273","post","type-post","status-publish","format-standard","hentry","category-diplomacy","tag-diplomacy","tag-egyptian-general-petroleum-corporation","tag-enterpriseam","tag-general-authority-for-supply-commodities","tag-international-islamic-trade-finance-corporation","tag-rania-al-mashat","wpautop","entry"],"acf":{"mongo_id":"bdf09647-f0dd-4bb2-8c60-7787001349cd","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[555250],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>El Molla meets US energy secretary in Glasgow + is more IFTC finance in the pipeline? - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/08\/el-molla-meets-us-energy-secretary-in-glasgow-is-more-iftc-finance-in-the-pipeline\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"El Molla meets US energy secretary in Glasgow + is more IFTC finance in the pipeline?\" \/>\n<meta property=\"og:description\" content=\"Oil Minister Tarek El Molla met with US Secretary of Energy Jennifer Granholm at the COP26 summit in Glasgow, where they discussed energy cooperation, according to a ministry statement. El Molla had previously announced Egypt&#039;s participation in the NetZero World Initiative, launched by the US last week to accelerate the transition to net-zero energy resources. 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cabinet statement.Egyptian gas exports have taken on a new\u2026","rel":"","context":"In &quot;Diplomacy&quot;","block_context":{"text":"Diplomacy","link":"https:\/\/enterpriseam.com\/egypt\/category\/regulation\/diplomacy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":577256,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/15\/its-too-early-to-quit-oil-and-gas-say-el-molla-opec-chief\/","url_meta":{"origin":555273,"position":1},"title":"It\u2019s too early to quit oil and gas say El Molla + OPEC chief","author":"enterpriseam admin","date":"15 November 2022","format":false,"excerpt":"Egypt + OPEC affirm commitment to oil and gas: The oil and gas industry needs to remain an \u201cimportant and continuous\u201d part of the global energy mix despite the rise in renewable energy, Oil Minister Tarek El Molla and OPEC Secretary-General Haitham Al Ghais said during talks yesterday, the Egyptian\u2026","rel":"","context":"In &quot;Diplomacy&quot;","block_context":{"text":"Diplomacy","link":"https:\/\/enterpriseam.com\/egypt\/category\/regulation\/diplomacy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":601966,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/14\/egypts-el-molla-holds-talks-with-us-counterpart-four-us-energy-companies\/","url_meta":{"origin":555273,"position":2},"title":"Egypt\u2019s El Molla holds talks with US counterpart, four US energy companies","author":"enterpriseam admin","date":"14 March 2019","format":false,"excerpt":"Oil Minister Tarek El Molla discussed US investments in Egypt\u2019s energy sector and the regional energy hub strategy with US Secretary of Energy Rick Perry on the sidelines of the gathering of senior energy officials at CERAWeek in Houston, according to a ministry statement. El Molla also held talks with\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":601928,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/13\/el-molla-discusses-egypt-energy-strategy-with-us-energy-official-francis-fannon\/","url_meta":{"origin":555273,"position":3},"title":"El Molla discusses Egypt energy strategy with US energy official Francis Fannon","author":"enterpriseam admin","date":"13 March 2019","format":false,"excerpt":"Oil Minister Tarek El Molla discussed Egypt\u2019s strategy to emerge into a regional energy hub and cooperation avenues in a meeting with inaugural US Assistant Secretary of State for Energy Resources Francis Fannon, according to a cabinet statement. Their meeting came on the sidelines of the ongoing CERAWeek meeting of\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":635541,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/06\/el-molla-discusses-east-mediterranean-europe-gas-pipelines-with-eu-energy-commissioner\/","url_meta":{"origin":555273,"position":4},"title":"El Molla discusses east Mediterranean-Europe gas pipelines with EU Energy Commissioner","author":"enterpriseam admin","date":"6 December 2017","format":false,"excerpt":"Oil Minister Tarek El Molla discussed increasing energy cooperation with EU Energy Commissioner Miguel Arias Ca\u00f1ete in Brussels yesterday, Al Masry Al Youm reports. Talks included the potential extension of natural gas pipelines between Egypt and Europe, which would see gas sent to liquefaction plants in Egypt before it\u2019s re-exported.\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":594979,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/12\/el-molla-talks-investment-in-egypt-with-emirati-oil-company-heads\/","url_meta":{"origin":555273,"position":5},"title":"El Molla talks investment in Egypt with Emirati oil company heads","author":"enterpriseam admin","date":"12 September 2019","format":false,"excerpt":"Oil Minister Tarek El Molla met yesterday with Emirati Minister of State and CEO of the Abu Dhabi National Oil Company (ADNOC) Sultan Al Jaber to talk investing in Egypt\u2019s oil and gas sector, according to a ministry statement. El Molla also discussed the ongoing cooperation in airplane refueling in\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/555273","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=555273"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/555273\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/555250"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=555273"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=555273"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=555273"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=555273"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=555273"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}