{"id":645690,"date":"2017-07-27T03:58:01","date_gmt":"2017-07-27T03:58:01","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/27\/qatar-is-turning-down-new-lng-agreements-for-egypt-traders\/"},"modified":"2017-07-27T03:58:01","modified_gmt":"2017-07-27T03:58:01","slug":"qatar-is-turning-down-new-lng-agreements-for-egypt-traders","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/27\/qatar-is-turning-down-new-lng-agreements-for-egypt-traders\/","title":{"rendered":"Qatar is turning down new LNG agreements for Egypt -traders"},"content":{"rendered":"

<\/a> Is Qatar trying to squeeze Egypt on LNG?<\/strong> Qatar reportedly refused to sell LNG to third-party traders the statelet thought were buying on Egypt\u2019s behalf, according to Reuters<\/a>. Since the diplomatic rift between Egypt, Saudi Arabia, the UAE, and Bahrain came to a head, requests by at least two companies to ship additional LNG from Qatar to Egypt have been rejected without explanation, according to trade sources who feel Qatar is reluctant to expand LNG trade with Egypt in light of the Quartet\u2019s blockade. A Qatar Petroleum spokesman denied this, saying that Qatar will \u201ccontinue to honor all their commitments and to actively engage with all counterparties, regarding mutually beneficial LNG market opportunities.\" Other traders believe that the restrictions, if proven true, would only hurt those with open positions. Long term contract traders have mostly secured their LNG.<\/p>\n

\u2026<\/strong>Government sources tell Al Mal<\/strong><\/a> that if Qatar did reject traders\u2019 request for LNG it would <\/strong>likely be for short-term contracts only.<\/strong> The source gave reassurances that Egypt has no direct contracts with the Qatari government to import gas and that all LNG imports are contracted to third parties. It is worth noting that Qatar supplies around 60% of Egypt's LNG through trading houses such as Trafigura, Glencore, Vitol and Noble Group, according to Reuters.<\/p>\n

The UAE has the right idea:<\/strong> Not willing to take a chance and be backed into a corner, the UAE has begun importing condensates from the US in a bid to reduce its reliance on Qatari imports \u2014 its normal supply avenue \u2014 Reuters reports<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Is Qatar trying to squeeze Egypt on LNG? Qatar reportedly refused to sell LNG to third-party traders the statelet thought were buying on Egypt\u2019s behalf, according to Reuters. Since the diplomatic rift between Egypt, Saudi Arabia, the UAE, and Bahrain came to a head, requests by at least two companies to ship additional LNG from […]<\/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-645690","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"6a9f54d2-ab3c-417e-a1bc-1e65acc04e1f","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[645684],"teaser":"","voice_url":""},"yoast_head":"\nQatar is turning down new LNG agreements for Egypt -traders - 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\/27\/qatar-is-turning-down-new-lng-agreements-for-egypt-traders\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Qatar is turning down new LNG agreements for Egypt -traders\" \/>\n<meta property=\"og:description\" content=\"Is Qatar trying to squeeze Egypt on LNG? 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Several new Qatari cargoes have been sold to Egypt via third-party traders, a trade source tells Reuters on Friday. This comes only days after other traders reported that Qatar refused to sell LNG to\u2026","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":577425,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/22\/qatar-china-just-agreed-one-of-the-biggest-lng-deals-in-history\/","url_meta":{"origin":645690,"position":1},"title":"Qatar + China just agreed one of the biggest LNG deals in history","author":"enterpriseam admin","date":"22 November 2022","format":false,"excerpt":"Qatar + China just agreed one of the biggest LNG deals in history: Qatar agreed a long-term LNG supply agreement with China worth USD 60 bn, Bloomberg reports. Announced by the companies yesterday, the pact will see Qatar Energy ship 4 mn tons of LNG every year to China\u2019s Sinopec\u2026","rel":"","context":"In "PLANET FINANCE"","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":571166,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/03\/egypts-lng-exports-make-up-1-of-the-global-market\/","url_meta":{"origin":645690,"position":2},"title":"Egypt\u2019s LNG exports make up 1% of the global market","author":"enterpriseam admin","date":"3 May 2020","format":false,"excerpt":"Egypt\u2019s liquified natural gas (LNG) exports made up 1% of the global market in 2019, according to a recent report from the International Gas Union (IGU). In volume terms, exports climbed to 3.5 mn, from 1.4 mn tonnes in 2018, IGU figures showed. CAPMAS figures released earlier this year indicated\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\/2020\/5\/3.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":634155,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/08\/egypt-could-replace-qatar-as-the-main-supplier-of-lng-to-the-uae-and-oman\/","url_meta":{"origin":645690,"position":3},"title":"Egypt could replace Qatar as the main supplier of LNG to the UAE and Oman","author":"enterpriseam admin","date":"8 January 2018","format":false,"excerpt":"Egypt could replace Qatar as the main supplier of LNG to the UAE and Oman once we reach self-sufficiency by the end of the year, The National\u2019s Jennifer Gnana says. 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Turkish demand for gas is set to hit record levels this year due to rising consumption in the power sector.Turkish-Egyptian relations\u2026","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\/2021\/12\/294.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/645690","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=645690"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/645690\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/645684"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=645690"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=645690"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=645690"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=645690"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=645690"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}