{"id":597558,"date":"2019-07-30T04:14:31","date_gmt":"2019-07-30T04:14:31","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/30\/egypt-wants-to-double-oil-imports-from-kuwait-next-year\/"},"modified":"2019-07-30T04:14:31","modified_gmt":"2019-07-30T04:14:31","slug":"egypt-wants-to-double-oil-imports-from-kuwait-next-year","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/30\/egypt-wants-to-double-oil-imports-from-kuwait-next-year\/","title":{"rendered":"Egypt wants to double oil imports from Kuwait next year"},"content":{"rendered":"<p>Egypt wants to double its crude imports from Kuwait to 4 mn bbl a month next year, <a href=\"https:\/\/alraimedia.com\/Home\/Details?id=f423a24e-1ac8-436c-a13c-a82c202a1663\">official sources told Al Rai<\/a>. The government has reportedly asked to renew its <a href=\"https:\/\/enterprise.press\/stories\/2017\/04\/06\/kuwait-renews-fuel-supply-agreement\/\">three-year oil supply contract<\/a> when it expires, but has requested more favorable payment terms which would extend the grace period to 16 months from 9 months. Egypt also imports 1.2 mn tonnes of petroleum products under the current contract.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Egypt wants to double its crude imports from Kuwait to 4 mn bbl a month next year, official sources told Al Rai. The government has reportedly asked to renew its three-year oil supply contract when it expires, but has requested more favorable payment terms which would extend the grace period to 16 months from 9 [&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":[93,72,685],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-597558","post","type-post","status-publish","format-standard","hentry","category-energy","tag-energy","tag-enterpriseam","tag-kuwait","wpautop","entry"],"acf":{"mongo_id":"f696b88a-6e63-4815-9d3c-6eb622c78888","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[597528],"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>Egypt wants to double oil imports from Kuwait next year - 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\/2019\/07\/30\/egypt-wants-to-double-oil-imports-from-kuwait-next-year\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt wants to double oil imports from Kuwait next year\" \/>\n<meta property=\"og:description\" content=\"Egypt wants to double its crude imports from Kuwait to 4 mn bbl a month next year, official sources told Al Rai. The government has reportedly asked to renew its three-year oil supply contract when it expires, but has requested more favorable payment terms which would extend the grace period to 16 months from 9 [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/30\/egypt-wants-to-double-oil-imports-from-kuwait-next-year\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-07-30T04:14:31+00:00\" \/>\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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/30\/egypt-wants-to-double-oil-imports-from-kuwait-next-year\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/30\/egypt-wants-to-double-oil-imports-from-kuwait-next-year\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt wants to double oil imports from Kuwait next year\",\"datePublished\":\"2019-07-30T04:14:31+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/30\/egypt-wants-to-double-oil-imports-from-kuwait-next-year\/\"},\"wordCount\":75,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"energy\",\"EnterpriseAM\",\"Kuwait\"],\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/30\/egypt-wants-to-double-oil-imports-from-kuwait-next-year\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/30\/egypt-wants-to-double-oil-imports-from-kuwait-next-year\/\",\"name\":\"Egypt wants to double oil imports from Kuwait next year - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2019-07-30T04:14:31+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/30\/egypt-wants-to-double-oil-imports-from-kuwait-next-year\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/30\/egypt-wants-to-double-oil-imports-from-kuwait-next-year\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/30\/egypt-wants-to-double-oil-imports-from-kuwait-next-year\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Egypt wants to double oil imports from Kuwait next year\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Egypt wants to double oil imports from Kuwait next year - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/30\/egypt-wants-to-double-oil-imports-from-kuwait-next-year\/","og_locale":"en_US","og_type":"article","og_title":"Egypt wants to double oil imports from Kuwait next year","og_description":"Egypt wants to double its crude imports from Kuwait to 4 mn bbl a month next year, official sources told Al Rai. The government has reportedly asked to renew its three-year oil supply contract when it expires, but has requested more favorable payment terms which would extend the grace period to 16 months from 9 [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/30\/egypt-wants-to-double-oil-imports-from-kuwait-next-year\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2019-07-30T04:14:31+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/30\/egypt-wants-to-double-oil-imports-from-kuwait-next-year\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/30\/egypt-wants-to-double-oil-imports-from-kuwait-next-year\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Egypt wants to double oil imports from Kuwait next year","datePublished":"2019-07-30T04:14:31+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/30\/egypt-wants-to-double-oil-imports-from-kuwait-next-year\/"},"wordCount":75,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["energy","EnterpriseAM","Kuwait"],"articleSection":["Energy"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/30\/egypt-wants-to-double-oil-imports-from-kuwait-next-year\/","url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/30\/egypt-wants-to-double-oil-imports-from-kuwait-next-year\/","name":"Egypt wants to double oil imports from Kuwait next year - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2019-07-30T04:14:31+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/30\/egypt-wants-to-double-oil-imports-from-kuwait-next-year\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2019\/07\/30\/egypt-wants-to-double-oil-imports-from-kuwait-next-year\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/30\/egypt-wants-to-double-oil-imports-from-kuwait-next-year\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Egypt wants to double oil imports from Kuwait next year"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":593024,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/14\/kuwait-gives-initial-approval-to-increase-crude-exports-to-egypt\/","url_meta":{"origin":597558,"position":0},"title":"Kuwait gives initial approval to increase crude exports to Egypt","author":"enterpriseam admin","date":"14 November 2019","format":false,"excerpt":"Kuwait has given preliminary approval to increase crude exports to Egypt by 1 mn bbl per month, industry sources say, according to Youm7. This would mean that Egypt would import 2 mn bbl of crude each month, alongside 1.2 mn tons of petroleum products. The government\u2019s oil and fuel purchase\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":567527,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/26\/midor-completes-usd-300-mn-financing-agreement\/","url_meta":{"origin":597558,"position":1},"title":"MIDOR completes USD 300 mn financing agreement","author":"enterpriseam admin","date":"26 January 2020","format":false,"excerpt":"The Middle East Oil Refinery (Midor) has secured a USD 300 mn medium-term syndicated loan from CIB and Al Ahli Bank of Kuwait (ABK), according to Al Mal. Midor plans to use the loan to finance its crude oil imports and their working capital.","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":610042,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/11\/14\/infinity-power-inks-big-senegal-contract-plus-kuwaiti-oil-digital-banks-and-aircraft\/","url_meta":{"origin":597558,"position":2},"title":"Infinity Power inks big Senegal contract. PLUS: Kuwaiti oil, digital banks, and aircraft","author":"enterpriseam admin","date":"14 November 2023","format":false,"excerpt":"The battery energy storage system will supply Senegal with 40 MW of clean energy","rel":"","context":"In \"ALSO ON OUR RADAR\"","block_context":{"text":"ALSO ON OUR RADAR","link":"https:\/\/enterpriseam.com\/egypt\/tag\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/11\/709.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":592503,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/07\/are-state-energy-firms-getting-egp-20-bn-in-loans-to-address-the-energy-crisis\/","url_meta":{"origin":597558,"position":3},"title":"Are state energy firms getting EGP 20 bn in loans to address the energy crisis?","author":"enterpriseam admin","date":"7 August 2023","format":false,"excerpt":"Half the money will go to power plant maintenance, and half to mazut imports","rel":"","context":"In &quot;DEBT WATCH&quot;","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/8\/244.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":597604,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/31\/egypt-kuwait-likely-to-renew-expiring-oil-and-fuel-purchase-agreement\/","url_meta":{"origin":597558,"position":4},"title":"Egypt, Kuwait likely to renew expiring oil and fuel purchase agreement","author":"enterpriseam admin","date":"31 July 2019","format":false,"excerpt":"The Kuwait Petroleum Corporation has given an initial approval to a request from Egypt to extend once again an oil and fuel purchase agreement that is due to expire in December, a source from the Egyptian General Petroleum Corporation (EGPC) told Amwal Al Ghad. The agreement was signed in 2013\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":652157,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/02\/kuwait-removes-all-restrictions-on-egyptian-strawberry-imports\/","url_meta":{"origin":597558,"position":5},"title":"Kuwait removes all restrictions on Egyptian strawberry imports","author":"enterpriseam admin","date":"2 January 2017","format":false,"excerpt":"Kuwait has agreed to remove restrictions it imposed on imports of Egyptian strawberries, Trade and Industry Minister Tarek Kabil said, according to Al Masry Al Youm. Kuwait had imposed a requirement that imports of Egyptian strawberries be accompanied by a certificate certifying they\u2019ve been tested and are fit for human\u2026","rel":"","context":"In &quot;Basic Materials + Commodities&quot;","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"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\/597558","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=597558"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/597558\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/597528"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=597558"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=597558"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=597558"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=597558"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=597558"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}