{"id":560349,"date":"2021-02-24T04:10:46","date_gmt":"2021-02-24T04:10:46","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/24\/hungary-is-ready-for-egypts-natgas\/"},"modified":"2021-02-24T04:10:46","modified_gmt":"2021-02-24T04:10:46","slug":"hungary-is-ready-for-egypts-natgas","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/24\/hungary-is-ready-for-egypts-natgas\/","title":{"rendered":"Hungary is ready for Egypt\u2019s natgas"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> <strong>Hungary plans to import Egyptian natural gas once a Greek-Bulgarian pipeline is<\/strong><strong> complete<\/strong>, Hungarian Foreign Minister P\u00e9ter Szijj\u00e1rt\u00f3 said at a press conference (<a href=\"https:\/\/tinyurl.com\/3m66a5d4\">watch, runtime 19:56<\/a>) with Egyptian Foreign Minister Sameh Shoukry yesterday after a meeting on trade, cooperation, and curbing illegal migration to Europe.<\/p>\n<p><strong>What does a pipeline to Bulgaria have to do with Hungary?<\/strong> Greece and Bulgaria are currently working on constructing a 182 km pipeline that would then help connect South-East and Central Europe countries to the gas supply. Since Hungary is landlocked in Central Europe, its access to Mediterranean gas supplies \u2014 including those shipped from Egypt \u2014 would likely flow through the Greek-Bulgarian pipeline.<\/p>\n<p><strong>This is great timing, with the long-idle Damietta LNG plant <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/3613f080-5d75-4b85-af31-1b66fcda3204\">coming back online<\/a><\/strong><strong> earlier this week.<\/strong> Damietta is running a series of trial shipments before formally resuming exports, with the next trial shipment likely heading to Europe, Oil Ministry spokesperson Hamdy Abdel Aziz <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/bf5c92c9-141c-4100-937b-20878feca8eb\">told Enterprise<\/a>.<\/p>\n<p><strong>ELSEWHERE IN OUR GAS NEIGHBORHOOD-<\/strong> A newly proposed gas pipeline from Israel\u2019s Leviathan field to Gaza could finally materialize by 2023, providing much needed energy to the impoverished and blockaded enclave, <a href=\"https:\/\/anba.com.br\/en\/egyptian-company-ships-citrus-fruits-to-brazil\/\">Reuters<\/a> reports. The project to build a USD 70 mn extension to the existing pipeline in Israel would be funded by Qatar, while the USD 20 mn section that extends into the Gaza strip would be funded by the European Union, Israeli and Palestinian officials told the newswire. Egypt is also set to work with Palestine to develop its Gaza Marine gas field, we noted <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/3613f080-5d75-4b85-af31-1b66fcda3204\">earlier this week<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hungary plans to import Egyptian natural gas once a Greek-Bulgarian pipeline is complete, Hungarian Foreign Minister P\u00e9ter Szijj\u00e1rt\u00f3 said at a press conference (watch, runtime 19:56) with Egyptian Foreign Minister Sameh Shoukry yesterday after a meeting on trade, cooperation, and curbing illegal migration to Europe. What does a pipeline to Bulgaria have to do with [&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":[7207],"tags":[93,72,167,684,89,91],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-560349","post","type-post","status-publish","format-standard","hentry","category-energy","tag-energy","tag-enterpriseam","tag-gaza","tag-hungary","tag-israel","tag-oil-and-gas","wpautop","entry"],"acf":{"mongo_id":"3c90f54a-92ff-4999-9b68-d8c9b2cced14","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[560339],"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>Hungary is ready for Egypt\u2019s natgas - 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\/02\/24\/hungary-is-ready-for-egypts-natgas\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hungary is ready for Egypt\u2019s natgas\" \/>\n<meta property=\"og:description\" content=\"Hungary plans to import Egyptian natural gas once a Greek-Bulgarian pipeline is complete, Hungarian Foreign Minister P\u00e9ter Szijj\u00e1rt\u00f3 said at a press conference (watch, runtime 19:56) with Egyptian Foreign Minister Sameh Shoukry yesterday after a meeting on trade, cooperation, and curbing illegal migration to Europe. 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According to the prime minister, Bulgaria also wants in on Egypt\u2019s natural gas cooperation agreement with Greece and Cyprus,\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":587718,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/31\/hungary-wants-more-eu-funding-for-egypt-to-tackle-migration\/","url_meta":{"origin":560349,"position":3},"title":"Hungary wants more EU funding for Egypt to tackle migration","author":"enterpriseam admin","date":"31 May 2023","format":false,"excerpt":"Shoukry was in Budapest yesterday to discuss economic ties, migration with the Hungarian foreign minister","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\/2023\/5\/1705.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":544475,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/06\/israel-is-now-sending-us-natural-gas-through-jordan\/","url_meta":{"origin":560349,"position":4},"title":"Israel is now sending us natural gas through Jordan","author":"enterpriseam admin","date":"6 March 2022","format":false,"excerpt":"Israel has begun exporting additional natural gas to Egypt through a pipeline traversing Jordan, Israeli energy company NewMed Energy \u2014 formerly Delek Drilling \u2014 announced in a statement (pdf) to the Tel Aviv bourse and securities regulator. 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