{"id":632178,"date":"2018-02-05T04:21:36","date_gmt":"2018-02-05T04:21:36","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/05\/is-the-oil-ministry-backtracking-on-ending-lng-imports-in-july\/"},"modified":"2018-02-05T04:21:36","modified_gmt":"2018-02-05T04:21:36","slug":"is-the-oil-ministry-backtracking-on-ending-lng-imports-in-july","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/05\/is-the-oil-ministry-backtracking-on-ending-lng-imports-in-july\/","title":{"rendered":"Is the Oil Ministry backtracking on ending LNG imports in July?"},"content":{"rendered":"

Is the Oil Ministry backtracking on ending LNG imports in July?<\/strong> \u201cEgypt will stop importing LNG by the end of the year,\u201d Oil Minister Tarek El Molla said at a press conference yesterday, according to Reuters<\/a>. El Molla had announced last week<\/a> that Egypt will end LNG shipments by mid-2018, which in retrospect, appears to have been a target estimate.<\/p>\n

He also noted that one Floating Storage Regasification Unit (FSRU) could remain commissioned to accommodate LNG imports<\/strong> 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, Al Masry Al Youm reported<\/a>.<\/p>\n

Egypt\u2019s natural gas production will exceed 6 bcf\/d before the end of 2018<\/strong>, the minister added. Natural gas production increased by 1.6 bcf\/d in 2017 to reach an output rate of 5.5 bcf\/d currently, El Molla says.<\/p>\n","protected":false},"excerpt":{"rendered":"

Is the Oil Ministry backtracking on ending LNG imports in July? \u201cEgypt will stop importing LNG by the end of the year,\u201d Oil Minister Tarek El Molla said at a press conference yesterday, according to Reuters. El Molla had announced last week that Egypt will end LNG shipments by mid-2018, which in retrospect, appears to […]<\/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-632178","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"4a7ccf4f-99cd-405d-9339-caafe992f796","order":"0","is_powered_by":true,"section_story_id":"a028a9af-44a0-4f69-8040-c8a50fb8dc8c","story_type":"1","photo_url":"","photo_position":"above","related_issue":[632163],"teaser":"","voice_url":""},"yoast_head":"\nIs the Oil Ministry backtracking on ending LNG imports in July? - 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\/02\/05\/is-the-oil-ministry-backtracking-on-ending-lng-imports-in-july\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Is the Oil Ministry backtracking on ending LNG imports in July?\" \/>\n<meta property=\"og:description\" content=\"Is the Oil Ministry backtracking on ending LNG imports in July? \u201cEgypt will stop importing LNG by the end of the year,\u201d Oil Minister Tarek El Molla said at a press conference yesterday, according to Reuters. El Molla had announced last week that Egypt will end LNG shipments by mid-2018, which in retrospect, appears to […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/05\/is-the-oil-ministry-backtracking-on-ending-lng-imports-in-july\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-02-05T04:21:36+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\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\/2018\/02\/05\/is-the-oil-ministry-backtracking-on-ending-lng-imports-in-july\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/05\/is-the-oil-ministry-backtracking-on-ending-lng-imports-in-july\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Is the Oil Ministry backtracking on ending LNG imports in July?\",\"datePublished\":\"2018-02-05T04:21:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/05\/is-the-oil-ministry-backtracking-on-ending-lng-imports-in-july\/\"},\"wordCount\":155,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/05\/is-the-oil-ministry-backtracking-on-ending-lng-imports-in-july\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/05\/is-the-oil-ministry-backtracking-on-ending-lng-imports-in-july\/\",\"name\":\"Is the Oil Ministry backtracking on ending LNG imports in July? 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LNG imports were previously on track to end by late 2018 or early 2019. Plans to turn Egypt into a regional\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":569162,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/16\/egypt-officially-became-a-net-exporter-of-lng-last-year-bringing-our-gas-hub-ambitions-ever-closer\/","url_meta":{"origin":632178,"position":1},"title":"Egypt officially became a net exporter of LNG last year, bringing our gas hub ambitions ever closer","author":"enterpriseam admin","date":"16 February 2020","format":false,"excerpt":"Egypt officially became a net exporter of LNG last year, bringing our gas hub ambitions ever closer: Egypt\u2019s imports of liquefied natural gas (LNG) fell to zero in 2019 and exported USD 1.24 bn-worth of LNG, marking a nearly 150% y-o-y increase, according to Capmas figures released on Thursday. Oil\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":567514,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/26\/doubt-cast-on-oil-ministry-lng-sales-strategy\/","url_meta":{"origin":632178,"position":2},"title":"Doubt cast on Oil Ministry LNG sales strategy","author":"enterpriseam admin","date":"26 January 2020","format":false,"excerpt":"Analysts have cast doubt on Egypt\u2019s ability to sell liquefied natural gas (LNG) for USD 5 per mn British thermal units under long-term agreements, according to S&P Global Platts. Oil Minister Tarek El Molla last week announced plans to sell gas at USD 5\/mmBtu under renewable long-term agreements instead of\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\/2020\/1\/692.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":625172,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/30\/egypt-ends-natural-gas-imports\/","url_meta":{"origin":632178,"position":3},"title":"Egypt ends natural gas imports","author":"enterpriseam admin","date":"30 September 2018","format":false,"excerpt":"Egypt has pulled the plug on natural gas imports. The pipeline news came as Egypt received its final shipment of imported liquefied natural gas last week, Oil Minister Tarek El Molla told the press yesterday, Reuters reports. El Molla \u2014 who did not specify the size of the most recent\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":589747,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/09\/oil-and-gas-exports-decline-on-lower-prices-production-in-4m-2023\/","url_meta":{"origin":632178,"position":4},"title":"Oil and gas exports decline on lower prices, production in 4M 2023","author":"enterpriseam admin","date":"9 July 2023","format":false,"excerpt":"Natural gas, crude, and petroleum product exports fell more than 50% y-o-y","rel":"","context":"In "Trade"","block_context":{"text":"Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/7\/257.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":571166,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/03\/egypts-lng-exports-make-up-1-of-the-global-market\/","url_meta":{"origin":632178,"position":5},"title":"Egypt\u2019s LNG exports make up 1% of the global market","author":"enterpriseam admin","date":"3 May 2020","format":false,"excerpt":"Egypt\u2019s liquified natural gas (LNG) exports made up 1% of the global market in 2019, according to a recent report from the International Gas Union (IGU). 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