{"id":632575,"date":"2018-02-14T04:15:34","date_gmt":"2018-02-14T04:15:34","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/14\/natural-gas-act-exec-regs-are-out\/"},"modified":"2018-02-14T04:15:34","modified_gmt":"2018-02-14T04:15:34","slug":"natural-gas-act-exec-regs-are-out","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/14\/natural-gas-act-exec-regs-are-out\/","title":{"rendered":"Natural Gas Act exec regs are out"},"content":{"rendered":"

<\/a> LEGISLATION WATCH- The Natural Gas Act is now in effect: <\/strong>The Ismail Cabinet appears to have finally signed off on the long-awaited executive regulations to the Natural Gas Act, according to a statement carried by Reuters<\/a>. The Natural Gas Act \u2014 which effectively deregulates the industry by allowing the private sector to import and distribute natural gas and reducing the state\u2019s role to that of market regulator \u2014 was approved by the House of Representatives last August<\/a>. While details on the contents of the regs have yet to emerge, officials had said last year<\/a> that they would outline the exact role and duties of the new state regulator,<\/strong> which is meant to lead the state\u2019s gradual transition out of the industry<\/a> by 2022, monitor market activity, and issue licenses for natural gas imports (that at least four companies have applied for already). The regulations are also expected<\/a> to offer incentives that will attract investments to the LNG, petrochemicals, and fertilizers industries. Oil Minister Tarek El Molla had previously said<\/a> that foreign companies would be allowed to export Egypt\u2019s oversupply of natural gas in five years\u2019 time. The state had tapped Logic Management Consulting to advise on the setup<\/a> of the gas market regulator. We\u2019ll have more once we get our hands on a copy of the executive regulations.<\/p>\n","protected":false},"excerpt":{"rendered":"

LEGISLATION WATCH- The Natural Gas Act is now in effect: The Ismail Cabinet appears to have finally signed off on the long-awaited executive regulations to the Natural Gas Act, according to a statement carried by Reuters. The Natural Gas Act \u2014 which effectively deregulates the industry by allowing the private sector to import and distribute […]<\/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-632575","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"2579ed50-3172-40cf-8cfb-bb1220aea416","order":"0","is_powered_by":true,"section_story_id":"3f1ca895-7c6d-4f68-bc26-5d9784dedd1c","story_type":"1","photo_url":"","photo_position":"above","related_issue":[632564],"teaser":"","voice_url":""},"yoast_head":"\nNatural Gas Act exec regs are out - 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\/14\/natural-gas-act-exec-regs-are-out\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Natural Gas Act exec regs are out\" \/>\n<meta property=\"og:description\" content=\"LEGISLATION WATCH- The Natural Gas Act is now in effect: The Ismail Cabinet appears to have finally signed off on the long-awaited executive regulations to the Natural Gas Act, according to a statement carried by Reuters. The Natural Gas Act \u2014 which effectively deregulates the industry by allowing the private sector to import and distribute […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/14\/natural-gas-act-exec-regs-are-out\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-02-14T04:15:34+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\/14\/natural-gas-act-exec-regs-are-out\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/14\/natural-gas-act-exec-regs-are-out\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Natural Gas Act exec regs are out\",\"datePublished\":\"2018-02-14T04:15:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/14\/natural-gas-act-exec-regs-are-out\/\"},\"wordCount\":226,\"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\/14\/natural-gas-act-exec-regs-are-out\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/14\/natural-gas-act-exec-regs-are-out\/\",\"name\":\"Natural Gas Act exec regs are out - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2018-02-14T04:15:34+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/14\/natural-gas-act-exec-regs-are-out\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/14\/natural-gas-act-exec-regs-are-out\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/14\/natural-gas-act-exec-regs-are-out\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Natural Gas Act exec regs are out\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Natural Gas Act exec regs are out - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/14\/natural-gas-act-exec-regs-are-out\/","og_locale":"en_US","og_type":"article","og_title":"Natural Gas Act exec regs are out","og_description":"LEGISLATION WATCH- The Natural Gas Act is now in effect: The Ismail Cabinet appears to have finally signed off on the long-awaited executive regulations to the Natural Gas Act, according to a statement carried by Reuters. 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The long-awaited regs would effectively open the door for the private sector to import, produce, and distribute gas, turning the state into a\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":644908,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/06\/house-passes-natural-gas-act-mineral-resources-act\/","url_meta":{"origin":632575,"position":3},"title":"House passes Natural Gas Act, Mineral Resources Act","author":"enterpriseam admin","date":"6 July 2017","format":false,"excerpt":"The House of Representatives has finally approved the long-awaited Natural Gas Act without any amendments, Al Shorouk reports. The 53-article legislation would deregulate the natural gas market and leave the state to play the role of regulator. 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