{"id":639403,"date":"2017-10-29T03:18:15","date_gmt":"2017-10-29T03:18:15","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/29\/egas-lifts-upper-price-limit-on-natural-gas-purchases\/"},"modified":"2017-10-29T03:18:15","modified_gmt":"2017-10-29T03:18:15","slug":"egas-lifts-upper-price-limit-on-natural-gas-purchases","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/29\/egas-lifts-upper-price-limit-on-natural-gas-purchases\/","title":{"rendered":"EGAS lifts upper price limit on natural gas purchases"},"content":{"rendered":"

EGAS lifted the upper price limit on what it could pay for the equivalent of a barrel of Brent crude in tenders to USD 65 from USD 60, Reuters reports<\/a>. The move came after EGAS extended the bidding deadline for the 12 LNG shipments it\u2019s looking to acquire. Traders speculate, however, \u201cwhether Egypt\u2019s tender for first quarter 2018 supplies, which is lower than expected, would be followed by additional purchases through government-to-government [transactions], as happened after previous tender rounds.\u201d They note that Egypt\u2019s LNG shipments have been growing smaller as domestic output increases, particularly with Zohr coming online in December.<\/p>\n","protected":false},"excerpt":{"rendered":"

EGAS lifted the upper price limit on what it could pay for the equivalent of a barrel of Brent crude in tenders to USD 65 from USD 60, Reuters reports. The move came after EGAS extended the bidding deadline for the 12 LNG shipments it\u2019s looking to acquire. Traders speculate, however, \u201cwhether Egypt\u2019s tender for […]<\/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":[7207],"tags":[93,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-639403","post","type-post","status-publish","format-standard","hentry","category-energy","tag-energy","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"444682f3-9482-44cb-8ec4-567de09f09eb","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[639376],"teaser":"","voice_url":""},"yoast_head":"\nEGAS lifts upper price limit on natural gas purchases - 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\/10\/29\/egas-lifts-upper-price-limit-on-natural-gas-purchases\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EGAS lifts upper price limit on natural gas purchases\" \/>\n<meta property=\"og:description\" content=\"EGAS lifted the upper price limit on what it could pay for the equivalent of a barrel of Brent crude in tenders to USD 65 from USD 60, Reuters reports. The move came after EGAS extended the bidding deadline for the 12 LNG shipments it\u2019s looking to acquire. Traders speculate, however, \u201cwhether Egypt\u2019s tender for […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/29\/egas-lifts-upper-price-limit-on-natural-gas-purchases\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-10-29T03:18:15+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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/29\/egas-lifts-upper-price-limit-on-natural-gas-purchases\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/29\/egas-lifts-upper-price-limit-on-natural-gas-purchases\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"EGAS lifts upper price limit on natural gas purchases\",\"datePublished\":\"2017-10-29T03:18:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/29\/egas-lifts-upper-price-limit-on-natural-gas-purchases\/\"},\"wordCount\":108,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"energy\",\"EnterpriseAM\"],\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/29\/egas-lifts-upper-price-limit-on-natural-gas-purchases\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/29\/egas-lifts-upper-price-limit-on-natural-gas-purchases\/\",\"name\":\"EGAS lifts upper price limit on natural gas purchases - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-10-29T03:18:15+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/29\/egas-lifts-upper-price-limit-on-natural-gas-purchases\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/29\/egas-lifts-upper-price-limit-on-natural-gas-purchases\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/29\/egas-lifts-upper-price-limit-on-natural-gas-purchases\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"EGAS lifts upper price limit on natural gas purchases\"}]},{\"@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":"EGAS lifts upper price limit on natural gas purchases - 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\/2017\/10\/29\/egas-lifts-upper-price-limit-on-natural-gas-purchases\/","og_locale":"en_US","og_type":"article","og_title":"EGAS lifts upper price limit on natural gas purchases","og_description":"EGAS lifted the upper price limit on what it could pay for the equivalent of a barrel of Brent crude in tenders to USD 65 from USD 60, Reuters reports. The move came after EGAS extended the bidding deadline for the 12 LNG shipments it\u2019s looking to acquire. Traders speculate, however, \u201cwhether Egypt\u2019s tender for […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/29\/egas-lifts-upper-price-limit-on-natural-gas-purchases\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2017-10-29T03:18:15+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/29\/egas-lifts-upper-price-limit-on-natural-gas-purchases\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/29\/egas-lifts-upper-price-limit-on-natural-gas-purchases\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"EGAS lifts upper price limit on natural gas purchases","datePublished":"2017-10-29T03:18:15+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/29\/egas-lifts-upper-price-limit-on-natural-gas-purchases\/"},"wordCount":108,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["energy","EnterpriseAM"],"articleSection":["Energy"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/29\/egas-lifts-upper-price-limit-on-natural-gas-purchases\/","url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/29\/egas-lifts-upper-price-limit-on-natural-gas-purchases\/","name":"EGAS lifts upper price limit on natural gas purchases - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2017-10-29T03:18:15+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/29\/egas-lifts-upper-price-limit-on-natural-gas-purchases\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2017\/10\/29\/egas-lifts-upper-price-limit-on-natural-gas-purchases\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/29\/egas-lifts-upper-price-limit-on-natural-gas-purchases\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"EGAS lifts upper price limit on natural gas purchases"}]},{"@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":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":596976,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/14\/egas-to-offer-three-lng-shipments-from-idku-in-august\/","url_meta":{"origin":639403,"position":0},"title":"EGAS to offer three LNG shipments from Idku in August","author":"enterpriseam admin","date":"14 July 2019","format":false,"excerpt":"State-owned EGAS will offer three LNG shipments from the Idku plant in August, two trade sources told Reuters. One source said that two of the shipments will be offered on an FOB basis and available for loading 8-10, 17-19 and 21-22 August.","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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":561042,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/23\/damietta-lng-plant-ships-first-cargo-to-europe\/","url_meta":{"origin":639403,"position":1},"title":"Damietta LNG plant ships first cargo to Europe","author":"enterpriseam admin","date":"23 March 2021","format":false,"excerpt":"The first Europe-bound LNG shipment from the Damietta liquefaction plant arrived in Belgium on Sunday \u2014 almost a month after the facility restarted operations and sent out trial shipments of gas following an eight-year hiatus, according to S&P Global. The cargo, which made its way out of the Damietta Port\u2026","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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":596453,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/28\/egas-issues-tender-for-lng-cargoes\/","url_meta":{"origin":639403,"position":2},"title":"Egas issues tender for LNG cargoes","author":"enterpriseam admin","date":"28 August 2019","format":false,"excerpt":"The Egyptian Natural Gas Holding Co (Egas) has issued a tender for three LNG cargoes for loading from the Idku gas liquefaction plant near Alexandria, two industry officials said, according to Reuters. The officials did not disclose the size of the cargoes. The tender closes on 28 August.","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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":594559,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/01\/egas-cancels-lng-tender-for-three-cargoes-due-to-low-bids\/","url_meta":{"origin":639403,"position":3},"title":"EGAS cancels LNG tender for three cargoes due to low bids","author":"enterpriseam admin","date":"1 September 2019","format":false,"excerpt":"EGAS has canceled an LNG tender for three cargoes from the Idku gas liquefaction plant near Alexandria, market sources told Reuters. The tender, which closed on 28 August, was canceled due to low bids, the sources said.","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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":595508,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/29\/egas-cancels-third-consecutive-lng-tender\/","url_meta":{"origin":639403,"position":4},"title":"EGAS cancels third consecutive LNG tender","author":"enterpriseam admin","date":"29 September 2019","format":false,"excerpt":"EGAS has canceled an LNG tender for six cargoes from the Idku gas liquefaction plant for loading between 5 October and 1 November, three market sources told Reuters without providing a reason. This is the third consecutive tender cancelled by the company. The tender canceled last month was due to\u2026","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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":624048,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/06\/23\/egas-eyes-securing-at-least-17-lng-shipments-over-the-next-three-months\/","url_meta":{"origin":639403,"position":5},"title":"EGAS eyes securing at least 17 LNG shipments over the next three months","author":"enterpriseam admin","date":"23 June 2024","format":false,"excerpt":"EGAS is looking to receive the shipments via floating terminals in Jordan and Ain Sokhna","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\/6\/1323.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\/639403","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=639403"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/639403\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/639376"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=639403"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=639403"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=639403"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=639403"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=639403"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}