{"id":645271,"date":"2017-07-17T03:49:24","date_gmt":"2017-07-17T03:49:24","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/17\/oil-ministry-scales-back-targets-for-installing-natural-gas-in-homes\/"},"modified":"2017-07-17T03:49:24","modified_gmt":"2017-07-17T03:49:24","slug":"oil-ministry-scales-back-targets-for-installing-natural-gas-in-homes","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/17\/oil-ministry-scales-back-targets-for-installing-natural-gas-in-homes\/","title":{"rendered":"Oil Ministry scales back targets for installing natural gas in homes"},"content":{"rendered":"

<\/a> Under cost pressure, the Oil Ministry has scaled back its target for the number of homes it will connect to the national natural gas grid in FY2017-18<\/strong>, aiming to hook up some 600k, down from a previously planned 1 mn, undersecretary for gas projects Mohamed Hassanein Radwan tells Youm7<\/a>. The reduced target comes as the ministry faces rising cost pressure: Contractors to whom it grants concessions to connect and service homes are demanding higher connection fees given that up to 75% of their materials are imported. The ministry\u2019s initial target of 1 mn homes was expected to cost EGP 4.2 bn<\/a>. The Finance Ministry has allocated EGP 1.2 bn in the state budget for the current fiscal year to connecting homes to natural gas.<\/p>\n","protected":false},"excerpt":{"rendered":"

Under cost pressure, the Oil Ministry has scaled back its target for the number of homes it will connect to the national natural gas grid in FY2017-18, aiming to hook up some 600k, down from a previously planned 1 mn, undersecretary for gas projects Mohamed Hassanein Radwan tells Youm7. The reduced target comes as the […]<\/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-645271","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"b62d9f1a-d093-44b3-88bd-82005e806310","order":"0","is_powered_by":true,"section_story_id":"84ba537e-2cb1-4371-a1f7-5844d9f20398","story_type":"1","photo_url":"","photo_position":"above","related_issue":[645261],"teaser":"","voice_url":""},"yoast_head":"\nOil Ministry scales back targets for installing natural gas in homes - 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\/17\/oil-ministry-scales-back-targets-for-installing-natural-gas-in-homes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Oil Ministry scales back targets for installing natural gas in homes\" \/>\n<meta property=\"og:description\" content=\"Under cost pressure, the Oil Ministry has scaled back its target for the number of homes it will connect to the national natural gas grid in FY2017-18, aiming to hook up some 600k, down from a previously planned 1 mn, undersecretary for gas projects Mohamed Hassanein Radwan tells Youm7. The reduced target comes as the […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/17\/oil-ministry-scales-back-targets-for-installing-natural-gas-in-homes\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-07-17T03:49:24+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\/17\/oil-ministry-scales-back-targets-for-installing-natural-gas-in-homes\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/17\/oil-ministry-scales-back-targets-for-installing-natural-gas-in-homes\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Oil Ministry scales back targets for installing natural gas in homes\",\"datePublished\":\"2017-07-17T03:49:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/17\/oil-ministry-scales-back-targets-for-installing-natural-gas-in-homes\/\"},\"wordCount\":132,\"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\/17\/oil-ministry-scales-back-targets-for-installing-natural-gas-in-homes\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/17\/oil-ministry-scales-back-targets-for-installing-natural-gas-in-homes\/\",\"name\":\"Oil Ministry scales back targets for installing natural gas in homes - 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The Finance Ministry has allocated EGP 1.2 bn in the state budget for the upcoming fiscal year to connecting homes to natural gas.","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":573969,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/25\/egas-taqa-arabia-sign-agreement-to-bring-natgas-in-el-wadi-el-gedid-homes\/","url_meta":{"origin":645271,"position":2},"title":"EGAS, TAQA Arabia sign agreement to bring natgas in El Wadi El Gedid homes","author":"enterpriseam admin","date":"25 August 2020","format":false,"excerpt":"The Egyptan Natural Gas Holding Company (EGAS) signed yesterday a cooperation protocol with Qalaa Holdings\u2019 TAQA Arabia to connect homes in El Wadi El Gedid to the natural gas grid by using compressed natural gas (CNG), according to an Oil Ministry statement. 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