{"id":641350,"date":"2017-09-19T04:05:45","date_gmt":"2017-09-19T04:05:45","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/19\/egypt-targets-importing-lng-cargoes-worth-usd-1-8-bn-in-fy2017-18\/"},"modified":"2017-09-19T04:05:45","modified_gmt":"2017-09-19T04:05:45","slug":"egypt-targets-importing-lng-cargoes-worth-usd-1-8-bn-in-fy2017-18","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/19\/egypt-targets-importing-lng-cargoes-worth-usd-1-8-bn-in-fy2017-18\/","title":{"rendered":"Egypt targets importing LNG cargoes worth USD 1.8 bn in FY2017-18"},"content":{"rendered":"<p>Egypt has budgeted to import LNG cargoes worth USD 1.8 bn in FY2017-18, Oil Minister Tarek El Molla said yesterday, <a href=\"http:\/\/ara.reuters.com\/article\/businessNews\/idARAKCN1BT0OT\">Reuters\u2019 Arabic service reports<\/a>. El Molla had said last month that Egypt would buy <a href=\"https:\/\/enterprise.press\/stories\/2017\/08\/14\/lng-cargo-purchases-to-drop-to-80-in-the-current-fiscal-year-el-molla\/\">80 LNG cargoes<\/a> in FY2017-18. An increase in local production had driven last fiscal year\u2019s LNG purchases down to 118 cargoes from an initial projection of 154. The trend continues this year, as Egypt is <a href=\"https:\/\/enterprise.press\/stories\/2017\/08\/14\/lng-cargo-purchases-to-drop-to-80-in-the-current-fiscal-year-el-molla\/\">reducing its monthly LNG imports<\/a> by 30% starting this month.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Egypt has budgeted to import LNG cargoes worth USD 1.8 bn in FY2017-18, Oil Minister Tarek El Molla said yesterday, Reuters\u2019 Arabic service reports. El Molla had said last month that Egypt would buy 80 LNG cargoes in FY2017-18. An increase in local production had driven last fiscal year\u2019s LNG purchases down to 118 cargoes [&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":[7207],"tags":[93,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-641350","post","type-post","status-publish","format-standard","hentry","category-energy","tag-energy","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"bc3b2c45-f646-4e3c-aa76-a779693c7fcc","order":"0","is_powered_by":true,"section_story_id":"1107834a-051a-45aa-87e6-68d5de011f69","story_type":"1","photo_url":"","photo_position":"above","related_issue":[641325],"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>Egypt targets importing LNG cargoes worth USD 1.8 bn in FY2017-18 - 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\/09\/19\/egypt-targets-importing-lng-cargoes-worth-usd-1-8-bn-in-fy2017-18\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt targets importing LNG cargoes worth USD 1.8 bn in FY2017-18\" \/>\n<meta property=\"og:description\" content=\"Egypt has budgeted to import LNG cargoes worth USD 1.8 bn in FY2017-18, Oil Minister Tarek El Molla said yesterday, Reuters\u2019 Arabic service reports. El Molla had said last month that Egypt would buy 80 LNG cargoes in FY2017-18. An increase in local production had driven last fiscal year\u2019s LNG purchases down to 118 cargoes [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/19\/egypt-targets-importing-lng-cargoes-worth-usd-1-8-bn-in-fy2017-18\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-09-19T04:05:45+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\/09\/19\/egypt-targets-importing-lng-cargoes-worth-usd-1-8-bn-in-fy2017-18\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/19\/egypt-targets-importing-lng-cargoes-worth-usd-1-8-bn-in-fy2017-18\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt targets importing LNG cargoes worth USD 1.8 bn in FY2017-18\",\"datePublished\":\"2017-09-19T04:05:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/19\/egypt-targets-importing-lng-cargoes-worth-usd-1-8-bn-in-fy2017-18\/\"},\"wordCount\":88,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"energy\",\"EnterpriseAM\"],\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/19\/egypt-targets-importing-lng-cargoes-worth-usd-1-8-bn-in-fy2017-18\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/19\/egypt-targets-importing-lng-cargoes-worth-usd-1-8-bn-in-fy2017-18\/\",\"name\":\"Egypt targets importing LNG cargoes worth USD 1.8 bn in FY2017-18 - 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El Molla had said last month that Egypt would buy 80 LNG cargoes in FY2017-18. An increase in local production had driven last fiscal year\u2019s LNG purchases down to 118 cargoes [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/19\/egypt-targets-importing-lng-cargoes-worth-usd-1-8-bn-in-fy2017-18\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2017-09-19T04:05:45+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\/09\/19\/egypt-targets-importing-lng-cargoes-worth-usd-1-8-bn-in-fy2017-18\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/19\/egypt-targets-importing-lng-cargoes-worth-usd-1-8-bn-in-fy2017-18\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Egypt targets importing LNG cargoes worth USD 1.8 bn in FY2017-18","datePublished":"2017-09-19T04:05:45+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/19\/egypt-targets-importing-lng-cargoes-worth-usd-1-8-bn-in-fy2017-18\/"},"wordCount":88,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["energy","EnterpriseAM"],"articleSection":["Energy"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/19\/egypt-targets-importing-lng-cargoes-worth-usd-1-8-bn-in-fy2017-18\/","url":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/19\/egypt-targets-importing-lng-cargoes-worth-usd-1-8-bn-in-fy2017-18\/","name":"Egypt targets importing LNG cargoes worth USD 1.8 bn in FY2017-18 - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2017-09-19T04:05:45+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/19\/egypt-targets-importing-lng-cargoes-worth-usd-1-8-bn-in-fy2017-18\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2017\/09\/19\/egypt-targets-importing-lng-cargoes-worth-usd-1-8-bn-in-fy2017-18\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/19\/egypt-targets-importing-lng-cargoes-worth-usd-1-8-bn-in-fy2017-18\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Egypt targets importing LNG cargoes worth USD 1.8 bn in FY2017-18"}]},{"@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":642424,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/14\/lng-cargo-purchases-to-drop-to-80-in-the-current-fiscal-year-el-molla\/","url_meta":{"origin":641350,"position":0},"title":"LNG cargo purchases to drop to 80 in the current fiscal year -El Molla","author":"enterpriseam admin","date":"14 August 2017","format":false,"excerpt":"Egypt plans on buying just 80 LNG cargoes in FY2017-18, down from 118 in FY2016-17, Oil Minister Tarek El Molla said, according to Reuters. The initial projection for FY2016-17 was to buy 154 LNG cargoes, but an increase in domestic production drove the actual purchases down to 118, he says.\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":598187,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/16\/egypt-offers-13-lng-cargoes-in-auction\/","url_meta":{"origin":641350,"position":1},"title":"Egypt offers 13 LNG cargoes in auction","author":"enterpriseam admin","date":"16 May 2019","format":false,"excerpt":"The Egyptian Natural Gas Holding Company (EGAS) is offering 13 LNG cargoes in a number of auctions for shipment in June and July, Reuters reports. Egypt is expected to export 12 mn tonnes of natural gas worth USD 2 bn in FY2019-2020.","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\/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":641350,"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 &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\/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":641350,"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. 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Sechin also added some\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":632760,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/19\/egas-to-buy-three-lng-cargoes-from-engie-in-2q2018\/","url_meta":{"origin":641350,"position":5},"title":"EGAS to buy three LNG cargoes from Engie in 2Q2018","author":"enterpriseam admin","date":"19 February 2018","format":false,"excerpt":"EGAS is buying three LNG cargoes from Engie in 2Q2018, sources told Reuters. \u201cTrade sources told Reuters last month that Egypt was looking to import five cargoes of LNG at competitive pricing. Two trade sources said the purchases were arranged through bilateral [agreements] and not via a standard tender process.\u201d","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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/641350","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=641350"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/641350\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/641325"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=641350"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=641350"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=641350"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=641350"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=641350"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}