{"id":557040,"date":"2021-09-05T04:00:09","date_gmt":"2021-09-05T04:00:09","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/05\/el-sisi-ratifies-eastmed-gas-forum\/"},"modified":"2021-09-05T04:00:09","modified_gmt":"2021-09-05T04:00:09","slug":"el-sisi-ratifies-eastmed-gas-forum","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/05\/el-sisi-ratifies-eastmed-gas-forum\/","title":{"rendered":"El Sisi ratifies EastMed Gas Forum"},"content":{"rendered":"

<\/a> The final step to setting up the East Mediterranean Gas Forum (EMGF) and its <\/strong>Cairo HQ was cleared on Thursday<\/strong> after President Abdel Fattah El Sisi ratified its founding charter, per the Official Gazette (pdf)<\/a>. The regional organization officially came into being in March<\/a>, after its founding members signed the charter in September<\/a> last year.<\/p>\n

About the forum:<\/strong> Headquartered in Cairo, the forum will focus on developing collaboration policies and strategies in the sector, technical and commercial exchange, infrastructure development, and financing facilitation for project exploration. The founders will exchange<\/a> information and seismic data on potential gas finds, and negotiate ownership of fields that straddle maritime borders.<\/p>\n

Any EastMed country is allowed to join, as long as it supports the objectives of the forum. <\/strong>Member countries also need to either produce or consume natgas, and membership is dependent on a unanimous vote of founding members Egypt, Cyprus, Greece, Israel, Italy, Jordan and Palestine. The US, the EU and the World Bank<\/a> are all observers, while France has joined as a member<\/a>.<\/p>\n

Private and public sector companies will also be included as members of an advisory committee. <\/strong>These can include international or national oil companies, as well as any company involved in the natgas production and selling process.<\/p>\n

\n

Focus on natgas as Cypriot prez visits Egypt:<\/strong> President Abdel Fattah El Sisi and his Cypriot counterpart Nicos Anastasiades agreed to accelerate work on the planned pipeline connecting Cyprus\u2019 Aphrodite natural gas field to Egypt during a joint summit yesterday, Ittihadiya said in a statement<\/a>. The pipeline<\/a> will allow Cyprus to export its gas to Europe via Egypt\u2019s liquefaction facilities, and is currently expected to be operational in 2024 or 2025<\/a>. The two sides also discussed defense and security ties, trade and investment, and cooperation on environmental issues.<\/p>\n

Cyprus and Egypt set up a new committee that will work on improving bilateral relations<\/strong> and cooperating on regional issues. The committee yesterday affirmed<\/a> that Cyprus\u2019 sovereign water rights and maritime borders should be respected, referring to recent tensions in the Eastern Mediterranean over Turkey\u2019s drilling<\/a> for gas. El Sisi added that any dispute should be solved according to international law and maritime demarcation agreements. El-Sisi\u2019s comments come days after he ratified<\/a>Egypt\u2019s membership in the East Mediterranean Gas Forum, in which Cyprus is also a founding member.<\/p>\n

The two leaders are set to meet again <\/strong>in October and December at two planned tripartite summits with Greece, Ahram reported<\/a> citing Cypriot media.<\/sup><\/p>\n

\n

Egyptian gas could help Lebanon keep its lights on:<\/strong> Syria has agreed to allow Lebanon to import Egyptian natural gas through its territory, responding to a request from the country\u2019s caretaker government which is desperately trying to secure energy supplies and ease chronic fuel shortages, Reuters<\/a> reports. A delegation of Lebanese officials visited Damascus for the first time in years yesterday to make the request as their country endures one of the worst economic crises in recent history.<\/p>\n

The plan:<\/strong> Syria would revive a 2009 agreement that allows Egyptian natural gas to be pumped via a pipeline running from Jordan through Syria to the north of Lebanon, according to the AP<\/a>.<\/p>\n

It\u2019s not clear how much of an immediate solution this is to Lebanon\u2019s problems:<\/strong> Egypt has not pumped gas to Syria since 2010 due to attacks and fuel shortages. The infrastructure has also been damaged during Syria\u2019s civil war.<\/p>\n","protected":false},"excerpt":{"rendered":"

The final step to setting up the East Mediterranean Gas Forum (EMGF) and its Cairo HQ was cleared on Thursday after President Abdel Fattah El Sisi ratified its founding charter, per the Official Gazette (pdf). The regional organization officially came into being in March, after its founding members signed the charter in September last year. […]<\/p>\n","protected":false},"author":1,"featured_media":557041,"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":[7207],"tags":[211,92,1953,93,72,7192,491,381,89,336,1033,108,91,7089,433,321],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-557040","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","tag-cyprus","tag-eastern-mediterranean","tag-eastern-mediterranean-gas-forum","tag-energy","tag-enterpriseam","tag-eu","tag-france","tag-greece","tag-israel","tag-italy","tag-jordan","tag-lebanon","tag-oil-and-gas","tag-palestine","tag-syria","tag-world-bank","wpautop","entry"],"acf":{"mongo_id":"721b0df8-87fd-400e-af60-663496bde9e8","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/9\/48.jpg","photo_position":"above","related_issue":[557033],"teaser":"","voice_url":""},"yoast_head":"\nEl Sisi ratifies EastMed Gas Forum - 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\/09\/05\/el-sisi-ratifies-eastmed-gas-forum\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"El Sisi ratifies EastMed Gas Forum\" \/>\n<meta property=\"og:description\" content=\"The final step to setting up the East Mediterranean Gas Forum (EMGF) and its Cairo HQ was cleared on Thursday after President Abdel Fattah El Sisi ratified its founding charter, per the Official Gazette (pdf). 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The organization, which held its third\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/1\/633.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":597448,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/28\/east-med-states-reiterate-need-for-energy-cooperation-during-regional-gas-forum\/","url_meta":{"origin":557040,"position":3},"title":"East Med states reiterate need for energy cooperation during regional gas forum","author":"enterpriseam admin","date":"28 July 2019","format":false,"excerpt":"East Med states reiterate need for energy cooperation at regional gas forum: Energy ministers from eastern Mediterranean states vowed to increase cooperation over developing the region\u2019s gas reserves following talks in Cairo last week. Ministers from Egypt, Israel, Cyprus, Greece, Italy, Jordan and the Palestinian Authority met as part of\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/1\/639.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":560725,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/10\/class-is-in-session-for-the-emgf\/","url_meta":{"origin":557040,"position":4},"title":"Class is in session for the EMGF","author":"enterpriseam admin","date":"10 March 2021","format":false,"excerpt":"Gas decarbonization and using LNG as fuel for vessels are on the agenda for the East Mediterranean Gas Forum (EMGF), whose member countries met in Cairo yesterday for the forum\u2019s first ministerial meeting since the forum came into effect this month, according to an Oil Ministry statement. The seven founding\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/3\/155.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":547270,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/15\/europe-knocked-we-answered\/","url_meta":{"origin":557040,"position":5},"title":"Europe knocked. We answered.","author":"enterpriseam admin","date":"15 June 2022","format":false,"excerpt":"Egypt, Israel and the EU could sign an agreement to increase gas export across the Mediterranean in Cairo today. EU Commission President Ursula von der Leyen and Israeli energy minister Karine Elharrar will be in the capital today to seal the agreement, which is expected to pave the way for\u2026","rel":"","context":"In "Energy"","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\/557040","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=557040"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/557040\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/557033"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/557041"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=557040"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=557040"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=557040"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=557040"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=557040"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}