{"id":644588,"date":"2024-09-29T00:00:00","date_gmt":"2024-09-29T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/09\/29\/diving-into-the-wests-relationship-to-egyptian-gas\/"},"modified":"2024-09-29T00:00:00","modified_gmt":"2024-09-29T00:00:00","slug":"diving-into-the-wests-relationship-to-egyptian-gas","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/09\/29\/diving-into-the-wests-relationship-to-egyptian-gas\/","title":{"rendered":"Diving into the West\u2019s relationship to Egyptian gas"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Our gas sector continues to attract Western investment despite little hiccup: <\/strong>Despite arrears to foreign oil and gas companies pilling up, foreign partners continue to work with Egypt to carry out development and production plans for natural gas and crude oil fields, <a target=\"_blank\" href=\"https:\/\/oilprice.com\/Energy\/Natural-Gas\/Western-Firms-Plan-More-Investments-In-Egypts-Gas-Sector.html\" style=\"\" rel=\"noopener\">OilPrice<\/a> writes in a piece diving into the importance of Egypt and its gas production to Western partners. Egypt has positioned itself as too important of a gas supplier \u201cfrom the energy and geopolitical perspectives [for the US and its allies] to let it slide further into economic crisis.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Our geographical location plays a part: <\/strong>Egypt has control over \u201cmajor global shipping chokepoint\u201d the Suez Canal \u2014 one of the few major transport points that China doesn\u2019t control and through which 10% of the world\u2019s oil and LNG flows \u2014 and the Suez-Mediterranean pipeline. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Egypt has positioned itself as too important of a gas supplier to the US and its allies<\/p>\n","protected":false},"author":1,"featured_media":644589,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[7233],"tags":[72,91],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-644588","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-egypt-in-the-news","tag-enterpriseam","tag-oil-and-gas","wpautop","entry"],"acf":{"mongo_id":"3c5682c3-6b1d-4909-94a6-ecfa2da615a4","order":"12","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/9\/2153.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Diving into the West\u2019s relationship to Egyptian gas","related_issue":[644567],"teaser":"Egypt has positioned itself as too important of a gas supplier to the US and its allies","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/9\/.0edf39ca-df84-44c1-b940-c516de0cf846.mp3"},"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>Diving into the West\u2019s relationship to Egyptian gas - 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\/09\/29\/diving-into-the-wests-relationship-to-egyptian-gas\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Diving into the West\u2019s relationship 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Citigroup is managing the process, which is expected to be finalized by July. 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