{"id":636263,"date":"2017-12-28T04:22:33","date_gmt":"2017-12-28T04:22:33","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/28\/ebrd-lends-egypt-usd-200-mn-to-improve-natural-gas-infrastructure\/"},"modified":"2017-12-28T04:22:33","modified_gmt":"2017-12-28T04:22:33","slug":"ebrd-lends-egypt-usd-200-mn-to-improve-natural-gas-infrastructure","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/28\/ebrd-lends-egypt-usd-200-mn-to-improve-natural-gas-infrastructure\/","title":{"rendered":"EBRD lends Egypt USD 200 mn to improve natural gas infrastructure"},"content":{"rendered":"

<\/a> The European Bank for Reconstruction and Development (EBRD) <\/strong>is lending Egypt USD 200 mn<\/strong><\/a> to \u201cfinance the modernization of selected gas infrastructure facilities.\u201d<\/strong> The EBRD loan \u201cwill be extended to the Egyptian Natural Gas Holding Company (EGAS) and its subsidiary Egyptian Natural Gas Company (GASCO) to fund the introduction of state-of-the-art technologies to recover waste heat from gas turbines used to drive gas compressors. The recovered heat will be used to produce additional energy, which will drive new electric compressors and replace fuels on-site. The introduction of new technology will lead to a reduction of over 250,000 tonnes of carbon-dioxide equivalent (CO2e) per year.\u201d Oil Minister Tarek El Molla says \u201cthe EBRD will also provide technical assistance in addition to the USD 200 mn loan, which will contribute to the upgrading of gas metering systems throughout the Egyptian gas transmission network, a key step towards an efficient and cost conscious use of energy.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

The European Bank for Reconstruction and Development (EBRD) is lending Egypt USD 200 mn to \u201cfinance the modernization of selected gas infrastructure facilities.\u201d The EBRD loan \u201cwill be extended to the Egyptian Natural Gas Holding Company (EGAS) and its subsidiary Egyptian Natural Gas Company (GASCO) to fund the introduction of state-of-the-art technologies to recover waste […]<\/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-636263","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"a7366328-3585-4ef8-ab0f-0605ad59b0af","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[636257],"teaser":"","voice_url":""},"yoast_head":"\nEBRD lends Egypt USD 200 mn to improve natural gas infrastructure - 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\/2017\/12\/28\/ebrd-lends-egypt-usd-200-mn-to-improve-natural-gas-infrastructure\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EBRD lends Egypt USD 200 mn to improve natural gas infrastructure\" \/>\n<meta property=\"og:description\" content=\"The European Bank for Reconstruction and Development (EBRD) is lending Egypt USD 200 mn to \u201cfinance the modernization of selected gas infrastructure facilities.\u201d The EBRD loan \u201cwill be extended to the Egyptian Natural Gas Holding Company (EGAS) and its subsidiary Egyptian Natural Gas Company (GASCO) to fund the introduction of state-of-the-art technologies to recover waste […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/28\/ebrd-lends-egypt-usd-200-mn-to-improve-natural-gas-infrastructure\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-12-28T04:22:33+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\/2017\/12\/28\/ebrd-lends-egypt-usd-200-mn-to-improve-natural-gas-infrastructure\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/28\/ebrd-lends-egypt-usd-200-mn-to-improve-natural-gas-infrastructure\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"EBRD lends Egypt USD 200 mn to improve natural gas infrastructure\",\"datePublished\":\"2017-12-28T04:22:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/28\/ebrd-lends-egypt-usd-200-mn-to-improve-natural-gas-infrastructure\/\"},\"wordCount\":161,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/28\/ebrd-lends-egypt-usd-200-mn-to-improve-natural-gas-infrastructure\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/28\/ebrd-lends-egypt-usd-200-mn-to-improve-natural-gas-infrastructure\/\",\"name\":\"EBRD lends Egypt USD 200 mn to improve natural gas infrastructure - 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