{"id":631119,"date":"2018-03-11T03:55:23","date_gmt":"2018-03-11T03:55:23","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/11\/eastmed-gas-disputes-could-play-into-egypts-favor-where-european-exports-are-concerned\/"},"modified":"2018-03-11T03:55:23","modified_gmt":"2018-03-11T03:55:23","slug":"eastmed-gas-disputes-could-play-into-egypts-favor-where-european-exports-are-concerned","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/11\/eastmed-gas-disputes-could-play-into-egypts-favor-where-european-exports-are-concerned\/","title":{"rendered":"EastMed gas disputes could play into Egypt\u2019s favor where European exports are concerned"},"content":{"rendered":"

Disputes over natural gas reserves in the Eastern Mediterranean could play into Egypt\u2019s favor where exports to Europe are concerned<\/strong>, Yigal Chazan suggests in a piece for the Financial Times (paywall)<\/a>. The competition between Mediterranean neighbors over natural gas could \u201ccomplicate plans to build pipelines linking producer countries to consumer markets,\u201d he says, arguing that Egypt\u2019s idle liquefaction plants \u201ccould offer Cyprus and Israel a cost-effective and secure distribution route to Asia, through the Suez Canal, and Europe.\u201d Egypt\u2019s Dolphinus Holdings has already inked<\/a> an agreement that will see Egypt receive USD 15 bn-worth of Israeli gas. Cyprus is on its way to singing a similar-style pact with Cairo, which is gearing up to sign an agreement<\/a> with the EU before mid-2018 that will see it export LNG through its liquefaction plants.<\/p>\n

This comes as the Turkish enclave of Cyprus threatened to throw fuel to the fire. <\/strong>Turkish Cyprus\u2019 Foreign Minister Kudret Ozersay said that they would launch their own exploration efforts if the internationally recognized Cyprus government doesn\u2019t sit down for negotiations, Reuters reports<\/a>.<\/p>\n

On a related note, Egypt will soon be at liberty \u201cto fish for the next giant cache to satisfy its growing domestic appetite\u201d for LNG<\/strong>, with Eni close to finalizing work on Zohr and BP wrapping up its activities in Atoll and the Giza and Fayoum concessions, says Upstream Online<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Disputes over natural gas reserves in the Eastern Mediterranean could play into Egypt\u2019s favor where exports to Europe are concerned, Yigal Chazan suggests in a piece for the Financial Times (paywall). The competition between Mediterranean neighbors over natural gas could \u201ccomplicate plans to build pipelines linking producer countries to consumer markets,\u201d he says, arguing that […]<\/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":[7233],"tags":[2386,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-631119","post","type-post","status-publish","format-standard","hentry","category-egypt-in-the-news","tag-egypt-in-the-news","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"c3e65ab1-0943-4037-895f-4b3bec60f95e","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[631093],"teaser":"","voice_url":""},"yoast_head":"\nEastMed gas disputes could play into Egypt\u2019s favor where European exports are concerned - 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\/11\/eastmed-gas-disputes-could-play-into-egypts-favor-where-european-exports-are-concerned\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EastMed gas disputes could play into Egypt\u2019s favor where European exports are concerned\" \/>\n<meta property=\"og:description\" content=\"Disputes over natural gas reserves in the Eastern Mediterranean could play into Egypt\u2019s favor where exports to Europe are concerned, Yigal Chazan suggests in a piece for the Financial Times (paywall). 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The MoUs, inked during Thursday\u2019s meeting of the East Mediterranean Gas Forum in Cairo, could see Egypt import more\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\/2021\/11\/612.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":625892,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/26\/egypt-could-be-processing-natural-gas-from-cyprus-by-2022\/","url_meta":{"origin":631119,"position":3},"title":"Egypt could be processing natural gas from Cyprus by 2022","author":"enterpriseam admin","date":"26 August 2018","format":false,"excerpt":"Natural gas from Cyprus\u2019 Aphrodite field could begin flowing into Egypt by 2022, according to comments attributed to Cypriot Energy Minister Giorgos Lakkotrypis last week by the Cyprus Mail. 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