{"id":635221,"date":"2024-07-28T00:00:00","date_gmt":"2024-07-28T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/28\/eni-to-boost-egypts-energy-hub-status-amid-domestic-challenges\/"},"modified":"2024-07-28T00:00:00","modified_gmt":"2024-07-28T00:00:00","slug":"eni-to-boost-egypts-energy-hub-status-amid-domestic-challenges","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/28\/eni-to-boost-egypts-energy-hub-status-amid-domestic-challenges\/","title":{"rendered":"Eni to boost Egypt's energy hub status amid domestic challenges"},"content":{"rendered":"

Eni to export EastMed gas through Egyptian facilities: <\/strong>Italian energy giant Eni will leverage Egypt\u2019s position as a regional energy hub to export gas produced in Eni\u2019s fields throughout the whole Eastern Mediterranean through Egyptian facilities, this came during discussions<\/a> between company representatives and Oil Minister Karim Badawi. <\/p>\n

More love from Eni: <\/strong>The company also agreed to ramp up its exploration and development activities locally and increase the number of operational rigs in its concessions in Egypt.<\/span><\/p>\n

Remember: <\/strong>Earlier this month, it was revealed that the oil giant has plans to drill two new wells<\/a> in the Zohr field in 2H 2025 with investments of USD 160 mn. This coincided with news that the government had cleared USD 1.3 bn worth of arrears<\/a> to foreign oil and gas companies operating in the country at the end of June. <\/p>\n

IN CONTEXT- <\/p>\n

This comes as Egypt faces domestic energy challenges:<\/strong> Egypt has been struggling with electricity shortages, partly due to declining domestic natural gas production since 4Q 2021, according to Capital Economics. This decline, coupled with rising electricity consumption and higher average temperatures, has forced Egypt to increase gas imports<\/a>, shifting the country from a net energy exporter to an importer.<\/p>\n

Importing more gas has strained the current account:<\/strong> Egypt's current account deficit widened by 225% y-o-y<\/a> to USD 17.1 bn in the first nine months of FY 2023-24. Capital Economics partially blamed an increased energy imports for the widening deficit. The situation has been exacerbated by less secure gas imports, with the large share coming from Israel disrupted by its war on Gaza.<\/p>\n

Long-term solutions are needed:<\/strong> While increased exploration and production could provide short-term relief, Egypt is also looking to accelerate its shift to renewable energy sources. Prime Minister Moustafa Madbouly recently pointed to plans to accelerate this transition to reduce energy security vulnerabilities. Currently, renewables make up just 11% of Egypt's energy sources, according to Capital Economics.<\/p>\n

The renewables challenge:<\/strong> The government aims to raise the share of renewables in its energy mix to 42% by 2035 \u2014 a goal that carries an extremely high price tag. World Bank estimates indicate that it would cost Egypt USD 52 bn (13% of annual GDP) to meet this goal, as well as an additional USD 60 bn to continue at this pace until 2050. Aiming for zero emissions by 2050 would require additional investments of USD 96 bn, making for a total price tag of USD 209 bn.<\/p>\n

The way forward: <\/strong>More foreign investment and international assistance will be needed to chip away at this funding gap. Egypt stands to be able to access USD 1.2 bn in green financing<\/a> from the IMF Resilience and Sustainability Facility should we successfully pass the third review<\/a> of our current IMF program. Green bonds have a role to play in financing the green transition as well, with officials suggesting in 2023 that issuances could reach USD 3-5 bn<\/a> by 2028.<\/p>\n","protected":false},"excerpt":{"rendered":"

Eni also has plans to ramp up its exploration and development activities locally<\/p>\n","protected":false},"author":1,"featured_media":635222,"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":[7207],"tags":[1433,93,197,72,91],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-635221","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","tag-capital-economics","tag-energy","tag-eni","tag-enterpriseam","tag-oil-and-gas","wpautop","entry"],"acf":{"mongo_id":"61b1e9bb-7898-4b33-9819-909aef30fdb0","order":"9","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/7\/2140.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Eni to boost Egypt's energy hub status amid domestic challenges","related_issue":[635206],"teaser":"Eni also has plans to ramp up its exploration and development activities locally","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.f21a3b12-a718-4503-bb34-d500ffc80b9f.mp3"},"yoast_head":"\nEni to boost Egypt's energy hub status amid domestic challenges - 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\/2024\/07\/28\/eni-to-boost-egypts-energy-hub-status-amid-domestic-challenges\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Eni to boost Egypt's energy hub status amid domestic challenges\" \/>\n<meta property=\"og:description\" content=\"Eni also has plans to ramp up its exploration and development activities locally\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/28\/eni-to-boost-egypts-energy-hub-status-amid-domestic-challenges\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2024-07-28T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/2140.jpg?fit=%2C&ssl=1\" \/>\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=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/28\/eni-to-boost-egypts-energy-hub-status-amid-domestic-challenges\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/28\/eni-to-boost-egypts-energy-hub-status-amid-domestic-challenges\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Eni to boost Egypt's energy hub status amid domestic challenges\",\"datePublished\":\"2024-07-28T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/28\/eni-to-boost-egypts-energy-hub-status-amid-domestic-challenges\/\"},\"wordCount\":481,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/28\/eni-to-boost-egypts-energy-hub-status-amid-domestic-challenges\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/2140.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Capital Economics\",\"energy\",\"Eni\",\"EnterpriseAM\",\"oil and gas\"],\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/28\/eni-to-boost-egypts-energy-hub-status-amid-domestic-challenges\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/28\/eni-to-boost-egypts-energy-hub-status-amid-domestic-challenges\/\",\"name\":\"Eni to boost Egypt's energy hub status amid domestic challenges - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/28\/eni-to-boost-egypts-energy-hub-status-amid-domestic-challenges\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/28\/eni-to-boost-egypts-energy-hub-status-amid-domestic-challenges\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/2140.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2024-07-28T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/28\/eni-to-boost-egypts-energy-hub-status-amid-domestic-challenges\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/28\/eni-to-boost-egypts-energy-hub-status-amid-domestic-challenges\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/28\/eni-to-boost-egypts-energy-hub-status-amid-domestic-challenges\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/2140.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/2140.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/28\/eni-to-boost-egypts-energy-hub-status-amid-domestic-challenges\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Eni to boost Egypt’s energy hub status amid domestic challenges\"}]},{\"@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":"Eni to boost Egypt's energy hub status amid domestic challenges - 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\/2024\/07\/28\/eni-to-boost-egypts-energy-hub-status-amid-domestic-challenges\/","og_locale":"en_US","og_type":"article","og_title":"Eni to boost Egypt's energy hub status amid domestic challenges","og_description":"Eni also has plans to ramp up its exploration and development activities locally","og_url":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/28\/eni-to-boost-egypts-energy-hub-status-amid-domestic-challenges\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2024-07-28T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2024\/7\/2140.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/28\/eni-to-boost-egypts-energy-hub-status-amid-domestic-challenges\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/28\/eni-to-boost-egypts-energy-hub-status-amid-domestic-challenges\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Eni to boost Egypt's energy hub status amid domestic challenges","datePublished":"2024-07-28T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/28\/eni-to-boost-egypts-energy-hub-status-amid-domestic-challenges\/"},"wordCount":481,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/28\/eni-to-boost-egypts-energy-hub-status-amid-domestic-challenges\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/7\/2140.jpg?fit=%2C&ssl=1","keywords":["Capital Economics","energy","Eni","EnterpriseAM","oil and gas"],"articleSection":["Energy"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/28\/eni-to-boost-egypts-energy-hub-status-amid-domestic-challenges\/","url":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/28\/eni-to-boost-egypts-energy-hub-status-amid-domestic-challenges\/","name":"Eni to boost Egypt's energy hub status amid domestic challenges - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/28\/eni-to-boost-egypts-energy-hub-status-amid-domestic-challenges\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/28\/eni-to-boost-egypts-energy-hub-status-amid-domestic-challenges\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/7\/2140.jpg?fit=%2C&ssl=1","datePublished":"2024-07-28T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/28\/eni-to-boost-egypts-energy-hub-status-amid-domestic-challenges\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2024\/07\/28\/eni-to-boost-egypts-energy-hub-status-amid-domestic-challenges\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/28\/eni-to-boost-egypts-energy-hub-status-amid-domestic-challenges\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2024\/7\/2140.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/7\/2140.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/28\/eni-to-boost-egypts-energy-hub-status-amid-domestic-challenges\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Eni to boost Egypt’s energy hub status amid domestic challenges"}]},{"@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\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2024\/7\/2140.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2024\/7\/2140.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2024\/7\/2140.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":585473,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/04\/19\/eni-to-drill-new-mediterranean-exploration-well-chevron-looks-to-ramp-up-east-med-exploration-reports\/","url_meta":{"origin":635221,"position":0},"title":"Eni to drill new Mediterranean exploration well + Chevron looks to ramp up East Med exploration -reports","author":"enterpriseam admin","date":"19 April 2023","format":false,"excerpt":"Eni and EGPC\u2019s Petrobel will drill the Orion X1 well at a USD 130 mn cost","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\/2023\/4\/747.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":635152,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/24\/eni-to-ramp-up-eastmed-gas-exports-through-egypts-facilities\/","url_meta":{"origin":635221,"position":1},"title":"Eni to ramp up EastMed gas exports through Egypt\u2019s facilities","author":"enterpriseam admin","date":"24 July 2024","format":false,"excerpt":"Good afternoon, folks. The news lull continues today as everyone (including us) is already in the long-weekend mode.THE BIG STORY TODAY Eni agrees to export EastMed gas through Egyptian facilities: Eni officials discussed with Oil Minister Karim Badawi leveraging Egypt\u2019s poision as a regional energy hub to export gas produced\u2026","rel":"","context":"In "WHAT WE\u2019RE TRACKING TONIGHT"","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/6\/1753.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":625790,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/15\/eni-signs-concession-agreement-to-begin-exploration-at-offshore-noor-gas-field\/","url_meta":{"origin":635221,"position":2},"title":"Eni signs concession agreement to begin exploration at offshore Noor gas field","author":"enterpriseam admin","date":"15 August 2018","format":false,"excerpt":"Eni signs concession agreement to begin exploration at offshore Noor gas field: Eni announced yesterday signing a new concession agreement with the Egyptian government to begin exploration activities at the offshore Noor gas field in the East Mediterranean, the company said in a statement (pdf). The USD 105 mn agreement\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":570981,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/26\/breakdown-in-naturgy-eni-and-egpc-damietta-dispute-resolution\/","url_meta":{"origin":635221,"position":3},"title":"Breakdown in Naturgy, Eni and EGPC Damietta dispute resolution","author":"enterpriseam admin","date":"26 April 2020","format":false,"excerpt":"DISPUTE WATCH- The resolution of a long-simmering dispute over a shuttered Damietta LNG plant has fallen apart despite an agreement reached last month, according to a cabinet statement. Parties to the dispute include Spanish gas firm Naturgy Energy Group, Italy\u2019s Eni, and the Egyptian government. Why does this matter? First,\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\/4\/212.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":633360,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/14\/eni-to-drill-two-new-wells-in-zohr-in-2025\/","url_meta":{"origin":635221,"position":4},"title":"Eni to drill two new wells in Zohr in 2025","author":"enterpriseam admin","date":"14 July 2024","format":false,"excerpt":"The Zohr gas field is the Mediterranean's largest-ever find and Egypt\u2019s largest gas field","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\/2024\/7\/943.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":605641,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/04\/eni-friends-to-invest-usd-7-7-bn-in-egypt-in-four-years\/","url_meta":{"origin":635221,"position":5},"title":"Eni + Friends to invest USD 7.7 bn in Egypt in four years","author":"enterpriseam admin","date":"4 September 2023","format":false,"excerpt":"Eni chief Claudio Descalzi held talks with the president yesterday, one week after the CEO of BP was in town","rel":"","context":"In "INVESTMENT EIT"","block_context":{"text":"INVESTMENT EIT","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-eit\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/9\/88.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\/635221","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=635221"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/635221\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/635206"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/635222"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=635221"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=635221"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=635221"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=635221"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=635221"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}