{"id":624717,"date":"2018-09-17T04:11:37","date_gmt":"2018-09-17T04:11:37","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/17\/opinion-writers-are-mad-we-are-losing-at-intl-arbitration\/"},"modified":"2018-09-17T04:11:37","modified_gmt":"2018-09-17T04:11:37","slug":"opinion-writers-are-mad-we-are-losing-at-intl-arbitration","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/17\/opinion-writers-are-mad-we-are-losing-at-intl-arbitration\/","title":{"rendered":"Opinion writers are mad we are losing at int\u2019l arbitration"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <strong>**#7 Opinion writers, unhappy Egypt is \u201closing\u201d at int\u2019l arbitration, simply miss the point: <\/strong>Since the <u><a href=\"https:\/\/enterprise.press\/stories\/2018\/09\/04\/arbitrator-orders-egypt-to-pay-usd-2-bn-to-union-fenosa-gas-over-natural-gas-supply-cut-to-damietta-plant\/\">USD 2 bn ruling<\/a><\/u> handed down by the International Centre for Settlement of Investment Disputes in favor of Union Fenosa, opinion writers have expressed frustration at this \u201closing streak.\u201d Ziad Bahaa El Din is <u><a href=\"https:\/\/www.shorouknews.com\/columns\/view.aspx?cdate=10092018&id=9d0e6911-cc08-4c8a-83a7-34839f0e340a\">urging in Al Shorouk<\/a><\/u> the government to review all its oil and gas contracts to avoid losing future arbitration hearings. Mohamed Saleh <u><a href=\"https:\/\/www.almasryalyoum.com\/news\/details\/1322451\">concurs in AMAY<\/a><\/u>, urging the government to seek the expertise of legal minds. <u><a href=\"https:\/\/www.almasryalyoum.com\/news\/details\/1321603\">AMAY\u2019s Newton<\/a><\/u> is complaining about the size of the loses, which he claims have reached EGP 38 bn, while <u><a href=\"https:\/\/www.almasryalyoum.com\/news\/details\/1321606\">AMAY\u2019s Mohamed Abu Al Ghar<\/a><\/u> is suggesting that the officials who have signed the contracts to be corrupt.<\/p>\n<p><strong>All four miss the point: <\/strong>None of them explain to their readers why we failed to meet our natural gas export obligations (it\u2019s called \u201cforce [redacted] majeure\u201d for a reason, people) \u2014and none get the point that settling outstanding disputes is key to Egypt\u2019s aim of emerging as the eastern Med\u2019s premier energy hub.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>**#7 Opinion writers, unhappy Egypt is \u201closing\u201d at int\u2019l arbitration, simply miss the point: Since the USD 2 bn ruling handed down by the International Centre for Settlement of Investment Disputes in favor of Union Fenosa, opinion writers have expressed frustration at this \u201closing streak.\u201d Ziad Bahaa El Din is urging in Al Shorouk the [&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":[9411],"tags":[72,9410],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-624717","post","type-post","status-publish","format-standard","hentry","category-on-deadline","tag-enterpriseam","tag-on-deadline","wpautop","entry"],"acf":{"mongo_id":"df972497-185a-4f21-b757-fda0d1132e66","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[624693],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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They did not provide details on 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":628050,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/24\/did-egypt-save-egp-5-bn-in-potential-intl-arbitration-disputes\/","url_meta":{"origin":624717,"position":2},"title":"Did Egypt save EGP 5 bn in potential int\u2019l arbitration disputes?","author":"enterpriseam admin","date":"24 June 2018","format":false,"excerpt":"Did Egypt save EGP 5 bn in potential int\u2019l arbitration disputes? The State Lawsuits Authority won international arbitration disputes in April and May that have together saved Egypt around EGP 5 bn, sources at the authority said. The authority mounted a successful defense of claims by French environmental services firm\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":633101,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/27\/israel-denies-it-is-making-concessions-on-the-intl-arbitration-award-against-egypt\/","url_meta":{"origin":624717,"position":3},"title":"Israel denies it is making concessions on the int\u2019l arbitration award against Egypt","author":"enterpriseam admin","date":"27 February 2018","format":false,"excerpt":"Israel denies it is making concessions on the int\u2019l gas arbitration award against Egypt\u2014have the two sides agreed just to gloss over it? Senior Israeli officials have denied that last week\u2019s pact to export USD 15 bn worth of natural gas to Egypt included an agreement to squash a USD\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":638736,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/12\/opinion-writers-take-a-look-at-the-prospect-of-local-government\/","url_meta":{"origin":624717,"position":4},"title":"Opinion writers take a look at the prospect of local government","author":"enterpriseam admin","date":"12 October 2017","format":false,"excerpt":"Opinion writers take a look at the prospect of local government: We shouldn\u2019t be afraid to decentralize government and grant greater powers to local government, writes Newton for Al Masry Al Youm. However, since the concept of decentralization is a bit alien to Egypt, he advocates for taking a more\u2026","rel":"","context":"In &quot;On Deadline&quot;","block_context":{"text":"On Deadline","link":"https:\/\/enterpriseam.com\/egypt\/category\/on-deadline\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":638622,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/10\/opinion-writers-continue-to-cast-shade-on-the-house\/","url_meta":{"origin":624717,"position":5},"title":"Opinion writers continue to cast shade on the House","author":"enterpriseam admin","date":"10 October 2017","format":false,"excerpt":"Opinion writers continue to cast shade on the House: We are quite pleased that opinion writers have not let up on how poor the House of Representatives\u2019 performance was over the past two sessions. 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