{"id":645120,"date":"2017-07-12T04:16:52","date_gmt":"2017-07-12T04:16:52","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/12\/oil-ministry-to-abandon-fsru-next-year\/"},"modified":"2017-07-12T04:16:52","modified_gmt":"2017-07-12T04:16:52","slug":"oil-ministry-to-abandon-fsru-next-year","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/12\/oil-ministry-to-abandon-fsru-next-year\/","title":{"rendered":"Oil Ministry to abandon FSRU next year"},"content":{"rendered":"

<\/a> In a sign that we may be heading towards becoming an energy hub by 2018<\/strong>, the Oil Ministry is letting go of one of its FSRUs next year, just as production from the Eni\u2019s Zohr field comes online later this year, Oil Minister Tarek El Molla tells Al Borsa<\/a>. He tells the newspaper that Egypt will stop importing natural gas by 2018, and will begin exporting gas by 2019. The oil ministry had said on Monday<\/a> that its deadline for gas independence was moved forward to 2018.<\/p>\n","protected":false},"excerpt":{"rendered":"

In a sign that we may be heading towards becoming an energy hub by 2018, the Oil Ministry is letting go of one of its FSRUs next year, just as production from the Eni\u2019s Zohr field comes online later this year, Oil Minister Tarek El Molla tells Al Borsa. He tells the newspaper that Egypt […]<\/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-645120","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"b41ca173-9595-4654-9e5b-0e56d81e3a04","order":"0","is_powered_by":true,"section_story_id":"ab2e0559-a55f-4ced-bca1-fbeffb04bf6b","story_type":"1","photo_url":"","photo_position":"above","related_issue":[645111],"teaser":"","voice_url":""},"yoast_head":"\nOil Ministry to abandon FSRU next year - 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\/12\/oil-ministry-to-abandon-fsru-next-year\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Oil Ministry to abandon FSRU next year\" \/>\n<meta property=\"og:description\" content=\"In a sign that we may be heading towards becoming an energy hub by 2018, the Oil Ministry is letting go of one of its FSRUs next year, just as production from the Eni\u2019s Zohr field comes online later this year, Oil Minister Tarek El Molla tells Al Borsa. He tells the newspaper that Egypt […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/12\/oil-ministry-to-abandon-fsru-next-year\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-07-12T04:16:52+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\/07\/12\/oil-ministry-to-abandon-fsru-next-year\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/12\/oil-ministry-to-abandon-fsru-next-year\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Oil Ministry to abandon FSRU next year\",\"datePublished\":\"2017-07-12T04:16:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/12\/oil-ministry-to-abandon-fsru-next-year\/\"},\"wordCount\":91,\"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\/12\/oil-ministry-to-abandon-fsru-next-year\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/12\/oil-ministry-to-abandon-fsru-next-year\/\",\"name\":\"Oil Ministry to abandon FSRU next year - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-07-12T04:16:52+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/12\/oil-ministry-to-abandon-fsru-next-year\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/12\/oil-ministry-to-abandon-fsru-next-year\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/12\/oil-ministry-to-abandon-fsru-next-year\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Oil Ministry to abandon FSRU next year\"}]},{\"@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":"Oil Ministry to abandon FSRU next year - 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\/07\/12\/oil-ministry-to-abandon-fsru-next-year\/","og_locale":"en_US","og_type":"article","og_title":"Oil Ministry to abandon FSRU next year","og_description":"In a sign that we may be heading towards becoming an energy hub by 2018, the Oil Ministry is letting go of one of its FSRUs next year, just as production from the Eni\u2019s Zohr field comes online later this year, Oil Minister Tarek El Molla tells Al Borsa. 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Oil Minister Tarek El Molla said on Saturday that his ministry expects some USD 10 bn in new investment in the sector in 2018-19. 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The second bid round will cover 11 concession areas in the Nile Valley, Gulf\u2026","rel":"","context":"In "Speed Round"","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":626416,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/02\/oil-ministry-downplays-suggestions-that-noor-field-could-be-3x-zohr\/","url_meta":{"origin":645120,"position":2},"title":"Oil Ministry downplays suggestions that Noor field could be 3x Zohr","author":"enterpriseam admin","date":"2 July 2018","format":false,"excerpt":"Oil Ministry advises caution on reports of the size of the Noor field: Oil Minister Tarek El Molla pulled the brakes on reports on reserve figures on the Noor gas field off the coast of North Sinai. He tells Youm7 that the numbers being reported are not official and are\u2026","rel":"","context":"In "Speed Round"","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":630788,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/01\/oil-ministry-to-decommission-hoegh-gallants-fsru-in-mid-2018\/","url_meta":{"origin":645120,"position":3},"title":"Oil Ministry to decommission H\u00f6egh Gallant\u2019s FSRU in mid-2018","author":"enterpriseam admin","date":"1 March 2018","format":false,"excerpt":"The Oil Ministry is reportedly planning to end its five-year contract for the H\u00f6egh Gallant FSRU in mid-2018, EGAS sources tell Al Borsa on Wednesday. The move, which comes on the back of Egypt\u2019s plan to begin exporting gas by 2019, would end the contract one year ahead of schedule,\u2026","rel":"","context":"In "Speed Round"","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":645338,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/18\/egypts-natural-gas-output-is-expected-to-increase-by-50-in-2018-and-100-in-2020-oil-ministry\/","url_meta":{"origin":645120,"position":4},"title":"Egypt\u2019s natural gas output is expected to increase by 50% in 2018 and 100% in 2020 -Oil Ministry","author":"enterpriseam admin","date":"18 July 2017","format":false,"excerpt":"Egypt\u2019s natural gas output is expected to rise 50% in 2018 and 100% by 2020 thanks to recent gas field discoveries, the Oil Ministry said in a statement picked up by Reuters. \u201cThe fields of Zohr, North Alexandria and Nooros are among the most important projects that will increase natural\u2026","rel":"","context":"In "Speed Round"","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":604963,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/18\/foreign-oil-and-gas-companies-in-egypt-to-increase-investments-to-usd-11-bn\/","url_meta":{"origin":645120,"position":5},"title":"Foreign oil and gas companies in Egypt to increase investments to USD 11 bn","author":"enterpriseam admin","date":"18 December 2018","format":false,"excerpt":"INVESTMENT WATCH- Investment in Egypt by global oil majors is on track to rise c. 10% this fiscal year, unnamed industry sourcestold the local press. 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