{"id":601995,"date":"2019-03-17T03:43:06","date_gmt":"2019-03-17T03:43:06","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/17\/egypt-tenders-four-lng-cargoes-marking-return-to-gas-market\/"},"modified":"2019-03-17T03:43:06","modified_gmt":"2019-03-17T03:43:06","slug":"egypt-tenders-four-lng-cargoes-marking-return-to-gas-market","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/17\/egypt-tenders-four-lng-cargoes-marking-return-to-gas-market\/","title":{"rendered":"Egypt tenders four LNG cargoes, marking return to gas market"},"content":{"rendered":"

<\/a> We are once again a natural gas exporter:<\/b> The Egyptian Natural Gas Holding Company (EGAS) has offered a tender to sell four LNG cargoes for April loading with bids due on Monday, Bloomberg reported<\/a>. Egypt is also offering four cargoes for loading in May and three for June. Reuters<\/a> also has the story.<\/p>\n

The tender marks Egypt\u2019s return to the export market<\/b> after increasing demand and depleting production turned the country into a net importer in 2015. Major discoveries in the Mediterranean, including Eni\u2019s Zohr field, helped Egypt achieve self-sufficiency and now return to exports.<\/p>\n

However, the return comes a time when prices are low and demand is slowing<\/b>. \u201cThe speed and scale of which Egypt has turned from importer to notable exporter is likely to further loosen the already wide supply \/ demand balance,\u201d Nick Campbell, a director at industry consultant Inspired Energy Plc, told Bloomberg. That will exacerbate \u201cthe lower demand environment with warmer winters in Europe and the Far East leaving storage levels relatively full.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

We are once again a natural gas exporter: The Egyptian Natural Gas Holding Company (EGAS) has offered a tender to sell four LNG cargoes for April loading with bids due on Monday, Bloomberg reported. Egypt is also offering four cargoes for loading in May and three for June. Reuters also has the story. The tender […]<\/p>\n","protected":false},"author":1,"featured_media":601996,"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":[8572],"tags":[72,91,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-601995","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speed-round","tag-enterpriseam","tag-oil-and-gas","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"61eabb52-c57b-437b-ac0a-9170cba77708","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2020\/1\/739.jpg","photo_position":"above","related_issue":[601990],"teaser":"","voice_url":""},"yoast_head":"\nEgypt tenders four LNG cargoes, marking return to gas market - 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\/03\/17\/egypt-tenders-four-lng-cargoes-marking-return-to-gas-market\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt tenders four LNG cargoes, marking return to gas market\" \/>\n<meta property=\"og:description\" content=\"We are once again a natural gas exporter: The Egyptian Natural Gas Holding Company (EGAS) has offered a tender to sell four LNG cargoes for April loading with bids due on Monday, Bloomberg reported. Egypt is also offering four cargoes for loading in May and three for June. Reuters also has the story. The tender […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/17\/egypt-tenders-four-lng-cargoes-marking-return-to-gas-market\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-03-17T03:43:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2020\/1\/739.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\/2019\/03\/17\/egypt-tenders-four-lng-cargoes-marking-return-to-gas-market\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/17\/egypt-tenders-four-lng-cargoes-marking-return-to-gas-market\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt tenders four LNG cargoes, marking return to gas market\",\"datePublished\":\"2019-03-17T03:43:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/17\/egypt-tenders-four-lng-cargoes-marking-return-to-gas-market\/\"},\"wordCount\":178,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/17\/egypt-tenders-four-lng-cargoes-marking-return-to-gas-market\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2020\/1\/739.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseAM\",\"oil and gas\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/17\/egypt-tenders-four-lng-cargoes-marking-return-to-gas-market\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/17\/egypt-tenders-four-lng-cargoes-marking-return-to-gas-market\/\",\"name\":\"Egypt tenders four LNG cargoes, marking return to gas market - 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The officials did not disclose the size of the cargoes. The tender closes on 28 August.","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":[]},{"id":594559,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/01\/egas-cancels-lng-tender-for-three-cargoes-due-to-low-bids\/","url_meta":{"origin":601995,"position":1},"title":"EGAS cancels LNG tender for three cargoes due to low bids","author":"enterpriseam admin","date":"1 September 2019","format":false,"excerpt":"EGAS has canceled an LNG tender for three cargoes from the Idku gas liquefaction plant near Alexandria, market sources told Reuters. The tender, which closed on 28 August, was canceled due to low bids, the sources said.","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":[]},{"id":595508,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/29\/egas-cancels-third-consecutive-lng-tender\/","url_meta":{"origin":601995,"position":2},"title":"EGAS cancels third consecutive LNG tender","author":"enterpriseam admin","date":"29 September 2019","format":false,"excerpt":"EGAS has canceled an LNG tender for six cargoes from the Idku gas liquefaction plant for loading between 5 October and 1 November, three market sources told Reuters without providing a reason. This is the third consecutive tender cancelled by the company. The tender canceled last month was due to\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":[]},{"id":602896,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/09\/egas-offers-four-lng-cargoes-for-may\/","url_meta":{"origin":601995,"position":3},"title":"EGAS offers four LNG cargoes for May","author":"enterpriseam admin","date":"9 April 2019","format":false,"excerpt":"The Egyptian Natural Gas Holding Company (EGAS) has offered four LNG cargoes for loading from the Idku liquefaction plant for May, sources told Reuters. Tenders for the cargoes, for which buyers would have to arrange shipping, close today, the sources said, without disclosing the quantity.","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":[]},{"id":598187,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/16\/egypt-offers-13-lng-cargoes-in-auction\/","url_meta":{"origin":601995,"position":4},"title":"Egypt offers 13 LNG cargoes in auction","author":"enterpriseam admin","date":"16 May 2019","format":false,"excerpt":"The Egyptian Natural Gas Holding Company (EGAS) is offering 13 LNG cargoes in a number of auctions for shipment in June and July, Reuters reports. Egypt is expected to export 12 mn tonnes of natural gas worth USD 2 bn in FY2019-2020.","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":[]},{"id":600602,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/04\/egypt-is-leading-the-regions-decline-in-liquefied-natural-gas-demand\/","url_meta":{"origin":601995,"position":5},"title":"Egypt is leading the region\u2019s decline in liquefied natural gas demand","author":"enterpriseam admin","date":"4 February 2019","format":false,"excerpt":"Egypt\u2019s emergence as a regional gas hub is driving a decline in regional demand for liquefied natural gas, writes Verity Radcliffe for Bloomberg. While Egypt was the region\u2019s biggest LNG importer in 2016 and 2017, we are now on track to become a significant exporter this year after several gas\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\/2019\/2\/2400.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/601995","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=601995"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/601995\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/601990"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/601996"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=601995"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=601995"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=601995"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=601995"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=601995"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}