{"id":561720,"date":"2021-04-19T03:46:59","date_gmt":"2021-04-19T03:46:59","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/19\/more-natgas-vehicles-than-initially-planned\/"},"modified":"2021-04-19T03:46:59","modified_gmt":"2021-04-19T03:46:59","slug":"more-natgas-vehicles-than-initially-planned","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/19\/more-natgas-vehicles-than-initially-planned\/","title":{"rendered":"More natgas vehicles than initially planned?"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a><strong> The government plans to convert 450k cars to run on natgas within three years<\/strong> under its natgas transition plan, Oil Ministry spokesperson Hamdy Abdel Aziz told eXtra News yesterday (<a href=\"https:\/\/www.youtube.com\/watch?v=IptiTDv3juI\">watch, runtime 5:13<\/a>). That includes the <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a946047f-ec53-4300-942f-165509dbcc68\">250k figure<\/a> that was previously announced \u2014 which the Trade and Industry Ministry is handling \u2014 as well as another 200k the Oil Ministry plans to convert. It remains unclear whether the Oil Ministry\u2019s target is a new addition to the government\u2019s strategy, which aims to convert <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a946047f-ec53-4300-942f-165509dbcc68\">1.8 mn cars<\/a> over the course of a decade \u2014 a feat that is expected to cost some EGP 320 bn.<\/p>\n<p><strong>Background:<\/strong> The government delivered earlier this month the <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a076d3b0-6087-4942-9c60-dca8228acccd\">first batch of dual-fuel vehicles<\/a>under the scheme to swap out old, gasoline-fueled cars. The strategy aims to get<a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a946047f-ec53-4300-942f-165509dbcc68\">70k new natgas cars<\/a> on the road this year. The Finance Ministry is offering<a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c569a8ad-4826-4eb2-92a1-f2f4bf44ff52\">financial incentives<\/a> for vehicle owners to take part in the scheme, and some EGP 16.2 bn is being made available by the government to provide subsidized loans through local banks. Some 68k people applied to convert their vehicles to run on natural gas as of early April.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The government plans to convert 450k cars to run on natgas within three years under its natgas transition plan, Oil Ministry spokesperson Hamdy Abdel Aziz told eXtra News yesterday (watch, runtime 5:13). That includes the 250k figure that was previously announced \u2014 which the Trade and Industry Ministry is handling \u2014 as well as another [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":561721,"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":[10002],"tags":[144,72,276,10001,268],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-561720","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-natgas-transition","tag-automotive","tag-enterpriseam","tag-finance-ministry","tag-natgas-transition","tag-natgas-transition-scheme","wpautop","entry"],"acf":{"mongo_id":"35e33c41-388d-49c0-9bcc-5fc5772c6569","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/4\/185.jpg","photo_position":"above","related_issue":[561711],"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>More natgas vehicles than initially planned? - 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\/04\/19\/more-natgas-vehicles-than-initially-planned\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"More natgas vehicles than initially planned?\" \/>\n<meta property=\"og:description\" content=\"The government plans to convert 450k cars to run on natgas within three years under its natgas transition plan, Oil Ministry spokesperson Hamdy Abdel Aziz told eXtra News yesterday (watch, runtime 5:13). That includes the 250k figure that was previously announced \u2014 which the Trade and Industry Ministry is handling \u2014 as well as another [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/19\/more-natgas-vehicles-than-initially-planned\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-19T03:46:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2021\/4\/185.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/19\/more-natgas-vehicles-than-initially-planned\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/19\/more-natgas-vehicles-than-initially-planned\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"More natgas vehicles than initially planned?\",\"datePublished\":\"2021-04-19T03:46:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/19\/more-natgas-vehicles-than-initially-planned\/\"},\"wordCount\":190,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/19\/more-natgas-vehicles-than-initially-planned\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/4\/185.jpg?fit=%2C&ssl=1\",\"keywords\":[\"automotive\",\"EnterpriseAM\",\"Finance Ministry\",\"NATGAS TRANSITION\",\"natgas transition scheme\"],\"articleSection\":[\"NATGAS TRANSITION\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/19\/more-natgas-vehicles-than-initially-planned\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/19\/more-natgas-vehicles-than-initially-planned\/\",\"name\":\"More natgas vehicles than initially planned? 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field will begin in 2020, according to an Oil Ministry statement.","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":601099,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/19\/egypts-oil-ministry-is-talking-up-red-sea-natgas-prospects-ahead-of-new-contract-terms-ep-bid-round\/","url_meta":{"origin":561720,"position":1},"title":"Egypt\u2019s oil ministry is talking up Red Sea natgas prospects ahead of new contract terms, E&#038;P bid round","author":"enterpriseam admin","date":"19 February 2019","format":false,"excerpt":"The oil ministry is talking up Red Sea natgas prospects ahead of new contract terms, E&P bid round: Data from oilfield services company Schlumberger\u2019s seismic mapping of energy and mineral resources in the Red Sea how areas with a 70% chance of making natural gas discoveries, a source from the\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":600322,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/27\/egypts-natgas-production-to-reach-8-bcf-d-in-fy2019-20\/","url_meta":{"origin":561720,"position":2},"title":"Egypt\u2019s natgas production to reach 8 bcf\/d in FY2019-20","author":"enterpriseam admin","date":"27 January 2019","format":false,"excerpt":"Egypt\u2019s natural gas production is expected to reach 8 bcf\/d in FY2019-20, up from 6.6 bcf\/d currently, Oil Minister Tarek El Molla said. This is an upward revision from recent Oil Ministry projections that saw Egypt reaching the same figure at a later time in 2021.","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":635799,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/13\/oil-ministry-expecting-egypts-natgas-output-to-reach-6-4-bcf-d-by-mid-2018\/","url_meta":{"origin":561720,"position":3},"title":"Oil Ministry expecting Egypt\u2019s natgas output to reach 6.4 bcf\/d by mid-2018","author":"enterpriseam admin","date":"13 December 2017","format":false,"excerpt":"Egypt\u2019s natural gas output is expected to reach 6.4 bcf\/d by mid-2018, by which time Zohr will be producing 750 mcf\/d and the Nooros gas field will be producing 100 mcf\/d, Oil Ministry sources tell Al Borsa. Oil Minister Tarek El Molla had previously said natural gas output will reach\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":601645,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/06\/natgas-regulator-begins-issuing-licenses-not-for-private-sector-imports-though\/","url_meta":{"origin":561720,"position":4},"title":"Natgas regulator begins issuing licenses, not for private sector imports though","author":"enterpriseam admin","date":"6 March 2019","format":false,"excerpt":"Natgas regulator issues 18 licenses, none for private sector gas imports: The Natural Gas Regulatory Authority issued 18 natural gas import and distribution licenses in Egypt, government sources told the local press. The two gas import licenses went to EGAS, with the private sector still not receiving official licenses to\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":600679,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/06\/egypts-natgas-regulator-to-begin-issuing-licenses-to-private-sector\/","url_meta":{"origin":561720,"position":5},"title":"Egypt\u2019s natgas regulator to begin issuing licenses to private sector","author":"enterpriseam admin","date":"6 February 2019","format":false,"excerpt":"Natgas regulator to begin issuing licenses to private sector: The Natural Gas Regulatory Authority will reportedly begin issuing this month private sector gas import and distribution licenses, almost a year after it said it\u2019s open for requests, a source from the Oil Ministry said, according to Al Shorouk. 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