{"id":645063,"date":"2017-07-11T04:32:57","date_gmt":"2017-07-11T04:32:57","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/11\/oil-sector-development-should-be-completed-by-2018-instead-of-2021-el-molla\/"},"modified":"2017-07-11T04:32:57","modified_gmt":"2017-07-11T04:32:57","slug":"oil-sector-development-should-be-completed-by-2018-instead-of-2021-el-molla","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/11\/oil-sector-development-should-be-completed-by-2018-instead-of-2021-el-molla\/","title":{"rendered":"Oil sector development should be completed by 2018 instead of 2021 -El Molla"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-02\"><\/a> <strong>Is the Oil Ministry reworking the timeline of its \u201cEgypt as an energy hub\u201d timeline?<\/strong> It appears that the Oil Ministry has set a ambitious target of turning Egypt into a regional energy hub by 2018, three years ahead of schedule. Oil Minister Tarek El Molla told EGPC workers it is necessary to complete the sector\u2019s development before the end of 2018, in order to boost economic growth, <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1160445\">Al Masry Al Youm<\/a> reports. The statements come as we have seen a number of important developments come into fruition at this time. On the legislative front, <a href=\"https:\/\/enterprise.press\/stories\/2017\/07\/06\/house-passes-natural-gas-act-mineral-resources-act\/\">Parliament passed Natural Gas act last week<\/a>, with the executive regulations <a href=\"https:\/\/enterprise.press\/stories\/2017\/07\/09\/on-the-horizon-154\/\">coming in September<\/a>. <a href=\"https:\/\/enterprise.press\/stories\/2017\/07\/10\/usd-415-mn-lng-pier-in-ain-sokhna-port-begins-trial-operations\/\">Trial runs on SUMED\u2019s LNG pier<\/a> were announced on Sunday, while production on Eni\u2019s Zohr field looks set to take off at the end of this year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Is the Oil Ministry reworking the timeline of its \u201cEgypt as an energy hub\u201d timeline? It appears that the Oil Ministry has set a ambitious target of turning Egypt into a regional energy hub by 2018, three years ahead of schedule. Oil Minister Tarek El Molla told EGPC workers it is necessary to complete the [&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-645063","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"213becbd-fc0c-46cd-b246-89474d2c7a58","order":"0","is_powered_by":true,"section_story_id":"1d540895-02b8-4718-852a-26fa8348234d","story_type":"1","photo_url":"","photo_position":"above","related_issue":[645055],"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>Oil sector development should be completed by 2018 instead of 2021 -El Molla - 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\/07\/11\/oil-sector-development-should-be-completed-by-2018-instead-of-2021-el-molla\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Oil sector development should be completed by 2018 instead of 2021 -El Molla\" \/>\n<meta property=\"og:description\" content=\"Is the Oil Ministry reworking the timeline of its \u201cEgypt as an energy hub\u201d timeline? It appears that the Oil Ministry has set a ambitious target of turning Egypt into a regional energy hub by 2018, three years ahead of schedule. Oil Minister Tarek El Molla told EGPC workers it is necessary to complete the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/11\/oil-sector-development-should-be-completed-by-2018-instead-of-2021-el-molla\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-07-11T04:32:57+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\/07\/11\/oil-sector-development-should-be-completed-by-2018-instead-of-2021-el-molla\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/11\/oil-sector-development-should-be-completed-by-2018-instead-of-2021-el-molla\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Oil sector development should be completed by 2018 instead of 2021 -El Molla\",\"datePublished\":\"2017-07-11T04:32:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/11\/oil-sector-development-should-be-completed-by-2018-instead-of-2021-el-molla\/\"},\"wordCount\":148,\"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\/07\/11\/oil-sector-development-should-be-completed-by-2018-instead-of-2021-el-molla\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/11\/oil-sector-development-should-be-completed-by-2018-instead-of-2021-el-molla\/\",\"name\":\"Oil sector development should be completed by 2018 instead of 2021 -El Molla - 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He\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":630714,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/egypt-to-issue-exploration-tenders-in-offshore-blocks-west-of-the-nile-delta\/","url_meta":{"origin":645063,"position":1},"title":"Egypt to issue exploration tenders in offshore blocks west of the Nile Delta","author":"enterpriseam admin","date":"30 April 2018","format":false,"excerpt":"Egypt is gearing up to launch a round of tenders for oil and gas exploration in waters west of the Nile Delta and through to the border with Libya, Oil Minister Tarek El Molla said at an AmCham event yesterday, Ahram Gate reports. The minister did not get into specifics\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":632178,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/05\/is-the-oil-ministry-backtracking-on-ending-lng-imports-in-july\/","url_meta":{"origin":645063,"position":2},"title":"Is the Oil Ministry backtracking on ending LNG imports in July?","author":"enterpriseam admin","date":"5 February 2018","format":false,"excerpt":"Is the Oil Ministry backtracking on ending LNG imports in July? \u201cEgypt will stop importing LNG by the end of the year,\u201d Oil Minister Tarek El Molla said at a press conference yesterday, according to Reuters. El Molla had announced last week that Egypt will end LNG shipments by mid-2018,\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":626912,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/15\/el-molla-meets-with-engie-global-lng-ceo\/","url_meta":{"origin":645063,"position":3},"title":"El Molla meets with Engie Global LNG CEO","author":"enterpriseam admin","date":"15 July 2018","format":false,"excerpt":"Oil Minister Tarek El Molla met yesterday with CEO of Engie Global LNG, Philip Olivier, to discuss the company\u2019s operations and Egypt\u2019s efforts to become a regional energy hub, according to a ministry statement. El Molla called for the company to expand its investments in Egypt.","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":629102,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/22\/oil-ministry-to-hold-2-international-bid-rounds-for-oil-gas-exploration\/","url_meta":{"origin":645063,"position":4},"title":"Oil ministry to hold 2 international bid rounds for oil, gas exploration","author":"enterpriseam admin","date":"22 May 2018","format":false,"excerpt":"The Oil Ministry will hold two international bid rounds for oil and gas exploration this year, with one bid covering 16 concession areas, mostly in the Mediterranean Sea, Oil Minister Tarek El Molla said on Monday. The second bid round will cover 11 concession areas in the Nile Valley, Gulf\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":621664,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/14\/el-molla-meets-ioc-heads-energy-ministers-to-discuss-increasing-investments\/","url_meta":{"origin":645063,"position":5},"title":"El Molla meets IOC heads, energy ministers to discuss increasing investments","author":"enterpriseam admin","date":"14 November 2018","format":false,"excerpt":"Oil Minister Tarek El Molla met yesterday with Saudi Arabia\u2019s Energy Minister Khalid Al-Falih to discuss cooperation prospects between Saudi and Egypt in the mining industry, particularly as Egypt is pushing through with amendments to the Mineral Resources Act, according to a ministry statement (pdf). El Molla also met with\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\/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\/645063","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=645063"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/645063\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/645055"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=645063"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=645063"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=645063"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=645063"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=645063"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}