{"id":634471,"date":"2018-01-16T04:09:57","date_gmt":"2018-01-16T04:09:57","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/16\/egypts-role-indispensible-in-developing-east-med-gas-hub-butler\/"},"modified":"2018-01-16T04:09:57","modified_gmt":"2018-01-16T04:09:57","slug":"egypts-role-indispensible-in-developing-east-med-gas-hub-butler","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/16\/egypts-role-indispensible-in-developing-east-med-gas-hub-butler\/","title":{"rendered":"Egypt\u2019s role indispensible in developing east Med gas hub -Butler"},"content":{"rendered":"

Egypt can once again become an energy exporter and \u201cbuild on its existing role as one of the most important trading hubs in the region, ideally placed to link western and eastern markets,\u201d<\/strong> Nick Butler writes for The Financial Times<\/a>. \u201cEgypt\u2019s opportunity is that it finds itself at the crossroads of the emerging international trade in natural gas,\u201d Butler writes. The potential collaboration on natural gas export between Egypt, Cyprus, Israel, and even potentially from Lebanon leaves Turkey as the loser regionally after having \u201cdestroyed its opportunity to provide an export route for gas from Cyprus by trying to link trade to a settlement of the island\u2019s longstanding territorial division.\u201d Butler insists that Egypt\u2019s role will be vital in any major development, saying \u201cin the Middle East nothing is ever simple and there will many a slip before the new pattern of trade is in place. But if the eastern Mediterranean is to be developed, Egypt\u2019s role as the new regional trading hub looks indispensable.\u201d<\/p>\n

On a related note, EGAS is preparing to hold a tender for LNG shipments this month<\/strong>, EGAS sources tell Al Shorouk on Monday<\/a>. The shipments are expected to cover Egypt\u2019s LNG needs for 2Q2018, said the source. No word from the source on the number of LNG shipments or the date of the tender. Egypt had bought 12 LNG shipments for 1Q2018 \u2014 a significant drop from its usual rate as the country looks to become a net energy exporter by the end of the year. The state is expected to buy 80 shipments by the end of FY2017-18.<\/p>\n","protected":false},"excerpt":{"rendered":"

Egypt can once again become an energy exporter and \u201cbuild on its existing role as one of the most important trading hubs in the region, ideally placed to link western and eastern markets,\u201d Nick Butler writes for The Financial Times. \u201cEgypt\u2019s opportunity is that it finds itself at the crossroads of the emerging international trade 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writes Cyril Widdershoven for Oil Price\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":647134,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/03\/egypt-has-potential-to-become-energy-trading-and-export-hub-bnp-paribas\/","url_meta":{"origin":634471,"position":1},"title":"Egypt has potential to become energy trading and export hub -BNP Paribas","author":"enterpriseam admin","date":"3 May 2017","format":false,"excerpt":"Egypt has clear potential to become an energy trading and export hub, notably for natural gas, according to a report by BNP Paribas (pdf) that suggests Egypt\u2019s bid to transform itself into a hub will depend on the country\u2019s capacity to mitigate geopolitical, financial, and regulatory risks.BNP Paribas says \u201cEgypt\u2019s\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":601442,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/28\/egypts-position-as-regional-hub-secure-as-lng-demand-looks-set-to-grow\/","url_meta":{"origin":634471,"position":2},"title":"Egypt\u2019s position as regional hub secure as LNG demand looks set to grow","author":"enterpriseam admin","date":"28 February 2019","format":false,"excerpt":"Israel\u2019s LNG export dreams look increasingly dependent on Egypt: It is increasingly clear that an agreement between Cyprus, Greece, and Israel reached last December to proceed with an East Med pipeline will not give Israel the edge to exporting the region\u2019s gas to Europe without Egypt, according to an analysis\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\/2019\/2\/263.png?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":625501,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/egypt-cyprus-reach-agreement-on-gas-pipeline\/","url_meta":{"origin":634471,"position":3},"title":"Egypt, Cyprus reach agreement on gas pipeline","author":"enterpriseam admin","date":"7 August 2018","format":false,"excerpt":"Egypt, Cyprus reach agreement on key gas pipeline: Cairo and Nicosia have reached an agreement to connect the Aphrodite gas field liquefaction plants in Egypt, Cyprus state television CyBC said, according to the Cyprus Mail. The agreement will be inked sometime in the fall, CyBC said, citing diplomatic sources. \u201cThe\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":622060,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/26\/israel-to-supply-natural-gas-to-greece-italy-and-cyprus\/","url_meta":{"origin":634471,"position":4},"title":"Israel to supply natural gas to Greece, Italy and Cyprus","author":"enterpriseam admin","date":"26 November 2018","format":false,"excerpt":"Israel wants to build a USD 7-8 bn pipeline to supply natural gas to Europe: Israel has signed agreements with Greece, Italy and Cyprus to supply them with natural gas through a USD 7-8 bn 2,000 km pipeline that will take some five years to build, Israeli TV news channel\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":625892,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/26\/egypt-could-be-processing-natural-gas-from-cyprus-by-2022\/","url_meta":{"origin":634471,"position":5},"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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