{"id":630788,"date":"2018-03-01T04:21:01","date_gmt":"2018-03-01T04:21:01","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/01\/oil-ministry-to-decommission-hoegh-gallants-fsru-in-mid-2018\/"},"modified":"2018-03-01T04:21:01","modified_gmt":"2018-03-01T04:21:01","slug":"oil-ministry-to-decommission-hoegh-gallants-fsru-in-mid-2018","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/01\/oil-ministry-to-decommission-hoegh-gallants-fsru-in-mid-2018\/","title":{"rendered":"Oil Ministry to decommission H\u00f6egh Gallant\u2019s FSRU in mid-2018"},"content":{"rendered":"

The Oil Ministry is reportedly planning to end its five-year contract for the H\u00f6egh Gallant FSRU in mid-2018<\/strong>, EGAS sources tell Al Borsa<\/a> on Wednesday. The move, which comes on the back of Egypt\u2019s plan to begin exporting gas by 2019, would end the contract one year ahead of schedule, presumably with the payment of a penalty. Oil Minister Tarek El Molla had previously said<\/a> Egypt would hold on to its remaining FSRU, which could remain commissioned to accommodate LNG imports by the private sector or in case there is a shift towards supplying more power plants with natural gas instead of diesel or heavy fuel oil.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Oil Ministry is reportedly planning to end its five-year contract for the H\u00f6egh Gallant FSRU in mid-2018, EGAS sources tell Al Borsa on Wednesday. The move, which comes on the back of Egypt\u2019s plan to begin exporting gas by 2019, would end the contract one year ahead of schedule, presumably with the payment of […]<\/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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-630788","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"bd39151a-42b2-4f73-948c-ebb3d2690633","order":"0","is_powered_by":true,"section_story_id":"ee8439d6-dadc-4dbd-aea7-9ae66874d6c2","story_type":"1","photo_url":"","photo_position":"above","related_issue":[630776],"teaser":"","voice_url":""},"yoast_head":"\nOil Ministry to decommission H\u00f6egh Gallant\u2019s FSRU in mid-2018 - 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\/2018\/03\/01\/oil-ministry-to-decommission-hoegh-gallants-fsru-in-mid-2018\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Oil Ministry to decommission H\u00f6egh Gallant\u2019s FSRU in mid-2018\" \/>\n<meta property=\"og:description\" content=\"The Oil Ministry is reportedly planning to end its five-year contract for the H\u00f6egh Gallant FSRU in mid-2018, EGAS sources tell Al Borsa on Wednesday. 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The private sector will be able to import natural gas for industries through new regulations by 2018 or possibly before then, he added. 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He\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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":647436,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/hoegh-gallant-begins-periodical-maintenance-to-operate-at-full-capacity-during-the-summer\/","url_meta":{"origin":630788,"position":4},"title":"H\u00f6egh Gallant begins periodical maintenance, to operate at full capacity during the summer","author":"enterpriseam admin","date":"10 May 2017","format":false,"excerpt":"Norway\u2019s H\u00f6egh began periodical servicing and maintenance operations last week on its Egypt-anchored H\u00f6egh Gallant floating storage and regasification, Al Borsa reports. The FSRU, a key part of Egypt\u2019s natural gas import infrastructure, will be back at operating at full capacity throughout the summer months, re-gasifying 500 mcf\/d.","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":665381,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/18\/turkish-floating-regasification-unit-secured-to-help-cover-gas-demand-during-summer-months\/","url_meta":{"origin":630788,"position":5},"title":"Turkish floating regasification unit secured to help cover gas demand during summer months","author":"enterpriseam admin","date":"18 May 2025","format":false,"excerpt":"The Turkish FSRU will help process some of Egypt\u2019s 155+ expected LNG shipments this year","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\/2025\/5\/1391.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\/630788","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=630788"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/630788\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/630776"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=630788"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=630788"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=630788"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=630788"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=630788"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}