{"id":637797,"date":"2017-11-26T03:57:46","date_gmt":"2017-11-26T03:57:46","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/26\/gas-exporting-nations-call-for-fair-price-on-natural-gas-opec-and-russia-close-to-extending-output-cuts\/"},"modified":"2017-11-26T03:57:46","modified_gmt":"2017-11-26T03:57:46","slug":"gas-exporting-nations-call-for-fair-price-on-natural-gas-opec-and-russia-close-to-extending-output-cuts","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/26\/gas-exporting-nations-call-for-fair-price-on-natural-gas-opec-and-russia-close-to-extending-output-cuts\/","title":{"rendered":"Gas exporting nations call for \u201cfair price\u201d on natural gas, OPEC and Russia close to extending output cuts"},"content":{"rendered":"<p><strong>Gas exporting countries called for a fair price for natural gas at a summit on Friday, <\/strong><a href=\"https:\/\/www.afp.com\/en\/news\/827\/gas-exporters-call-fair-price-bolivia-summit-doc-uk8ea1\">according to the AFP<\/a>. The Gas Exporting Countries Forum, at which Egypt is a participant, is angling to effectively decouple natural gas from oil prices, pointing to gas\u2019 \u201cenvironmental benefits and energy efficiency.\u201d<\/p>\n<p><strong>Meanwhile, Russia and OPEC have roughed-out an agreement to extend output cuts until the end of next year<\/strong>, sources close to the <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2017-11-24\/russia-opec-are-said-to-agree-on-framework-to-extend-oil-cuts\">negotiations told Bloomberg<\/a>. Details are still being worked out ahead of a meeting in Vienna next week set to be attended by OPEC and non-member oil producers. Russia had been hesitant to furthering any agreements due to the current limits expiring in March and have asked that new terms on output cuts be contingent on the health of the oil market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gas exporting countries called for a fair price for natural gas at a summit on Friday, according to the AFP. The Gas Exporting Countries Forum, at which Egypt is a participant, is angling to effectively decouple natural gas from oil prices, pointing to gas\u2019 \u201cenvironmental benefits and energy efficiency.\u201d Meanwhile, Russia and OPEC have roughed-out [&hellip;]<\/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-637797","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"f51dc304-cbda-4b18-b126-67e3d7edea2c","order":"0","is_powered_by":true,"section_story_id":"e168768a-4a32-449a-90fd-9989684f222a","story_type":"1","photo_url":"","photo_position":"above","related_issue":[637778],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Gas exporting nations call for \u201cfair price\u201d on natural gas, OPEC and Russia close to extending output cuts - 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\/11\/26\/gas-exporting-nations-call-for-fair-price-on-natural-gas-opec-and-russia-close-to-extending-output-cuts\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gas exporting nations call for \u201cfair price\u201d on natural gas, OPEC and Russia close to extending output cuts\" \/>\n<meta property=\"og:description\" content=\"Gas exporting countries called for a fair price for natural gas at a summit on Friday, according to the AFP. The Gas Exporting Countries Forum, at which Egypt is a participant, is angling to effectively decouple natural gas from oil prices, pointing to gas\u2019 \u201cenvironmental benefits and energy efficiency.\u201d Meanwhile, Russia and OPEC have roughed-out [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/26\/gas-exporting-nations-call-for-fair-price-on-natural-gas-opec-and-russia-close-to-extending-output-cuts\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-11-26T03:57:46+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\/11\/26\/gas-exporting-nations-call-for-fair-price-on-natural-gas-opec-and-russia-close-to-extending-output-cuts\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/26\/gas-exporting-nations-call-for-fair-price-on-natural-gas-opec-and-russia-close-to-extending-output-cuts\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Gas exporting nations call for \u201cfair price\u201d on natural gas, OPEC and Russia close to extending output cuts\",\"datePublished\":\"2017-11-26T03:57:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/26\/gas-exporting-nations-call-for-fair-price-on-natural-gas-opec-and-russia-close-to-extending-output-cuts\/\"},\"wordCount\":150,\"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\/11\/26\/gas-exporting-nations-call-for-fair-price-on-natural-gas-opec-and-russia-close-to-extending-output-cuts\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/26\/gas-exporting-nations-call-for-fair-price-on-natural-gas-opec-and-russia-close-to-extending-output-cuts\/\",\"name\":\"Gas exporting nations call for \u201cfair price\u201d on natural gas, OPEC and Russia close to extending output cuts - 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The ministry plans to close this 35%\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/10\/267.png?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":601156,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/20\/non-opec-oil-producers-are-failing-to-meet-their-supply-cut-targets\/","url_meta":{"origin":637797,"position":1},"title":"Non-OPEC oil producers are failing to meet their supply cut targets","author":"enterpriseam admin","date":"20 February 2019","format":false,"excerpt":"Non-OPEC oil producers are failing to meet their supply cut targets: The 1.2 mbd oil production cut agreement made between OPEC and non-OPEC countries last year is falling by the wayside as new Bloomberg data reveals that just 10 of the 21 signatories met their production targets in January. OPEC\u2026","rel":"","context":"In &quot;THE MACRO PICTURE&quot;","block_context":{"text":"THE MACRO PICTURE","link":"https:\/\/enterpriseam.com\/egypt\/category\/the-macro-picture\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/2\/1966.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":579346,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/02\/opec-maintains-oil-output-as-uncertainty-clouds-market-outlook\/","url_meta":{"origin":637797,"position":2},"title":"OPEC+ maintains oil output as uncertainty clouds market outlook","author":"enterpriseam admin","date":"2 February 2023","format":false,"excerpt":"OPEC+ keeps oil output steady: The OPEC oil cartel and its allies kept oil output unchanged in a virtual meeting yesterday, according to a statement, sticking to an agreed plan to cut production by 2 mn barrels per day through the end of 2023. The meeting lasted less than thirty\u2026","rel":"","context":"In &quot;PLANET FINANCE&quot;","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/2\/46.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":641132,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/13\/opec-could-prolong-oil-cuts-to-boost-prices\/","url_meta":{"origin":637797,"position":3},"title":"OPEC could prolong oil cuts to boost prices","author":"enterpriseam admin","date":"13 September 2017","format":false,"excerpt":"OPEC could be prolonging oil production cuts that are set to expire in March 2018 \u201cwell into the second half of next year in effort to boost prices,\u201dsources tell Bloomberg. \u201cAn extension of that duration would be needed under the worst-case scenario for the oil market that OPEC ministers are\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":560910,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/17\/what-the-markets-are-doing-on-17-march-2021\/","url_meta":{"origin":637797,"position":4},"title":"What the markets are doing on 17 March 2021","author":"enterpriseam admin","date":"17 March 2021","format":false,"excerpt":"Saudi Arabia\u2019s oil sector is facing its biggest slump in a decade, keeping the kingdom in recession in 4Q2020. Activity in the Saudi oil sector fell 8.5% during the quarter, a contraction that Bloomberg says is the biggest since at least 2011. The fall in output is largely due to\u2026","rel":"","context":"In &quot;PLANET FINANCE&quot;","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":563519,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/06\/oil-at-3-year-high-as-opec-talks-collapse\/","url_meta":{"origin":637797,"position":5},"title":"Oil at 3-year high as OPEC+ talks collapse","author":"enterpriseam admin","date":"6 July 2021","format":false,"excerpt":"Oil surges to new three-year high after UAE-KSA deadlock tanks oil supply agreement: Brent crude surpassed USD 77 per barrel for the first time since September 2018 yesterday after the OPEC+ alliance of oil producers were unable to come to an agreement on raising supply, Bloomberg reports.Close: Most producers signed\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/7\/49.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\/637797","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=637797"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/637797\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/637778"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=637797"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=637797"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=637797"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=637797"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=637797"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}