{"id":648023,"date":"2017-05-25T04:13:47","date_gmt":"2017-05-25T04:13:47","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/25\/the-man-reviving-egypts-fortunes\/"},"modified":"2017-05-25T04:13:47","modified_gmt":"2017-05-25T04:13:47","slug":"the-man-reviving-egypts-fortunes","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/25\/the-man-reviving-egypts-fortunes\/","title":{"rendered":"The man reviving Egypt's fortunes"},"content":{"rendered":"<p><strong>The man reviving Egypt's fortunes:<\/strong> Oil and gas news outlet <a href=\"http:\/\/www.upstreamonline.com\/hardcopy\/1254652\/the-man-reviving-egypts-fortunes\">Upstream<\/a> is running a glowing piece on Oil Minister Tarek El Molla, which it credits with the resurgence in Egypt\u2019s energy sector. Beginning with his tenure as head of the EGPC and now as Oil Minister, El Molla has made repaying arrears owed to international oil companies a priority, a crucial factor which retained key investments. The magazine credits this policy, coupled with incentives such as the introduction of a generous gas price for costly offshore developments, with a series of landmark events in the revival of the industry, including BP kickstarting their West Nile Delta project and Eni\u2019s exploration endeavors which led to the discovery of Zohr. Upstream\u2019s profile tracks his career from Chevron where he developed his strategic planning chomps and finding his kindred spirit in current Prime Minister Sherif Ismail, who has also been a champion of reforming the sector. (The story is behind a paywall, but you get one read without charge if you choose to register with them.)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The man reviving Egypt's fortunes: Oil and gas news outlet Upstream is running a glowing piece on Oil Minister Tarek El Molla, which it credits with the resurgence in Egypt\u2019s energy sector. Beginning with his tenure as head of the EGPC and now as Oil Minister, El Molla has made repaying arrears owed to international [&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":[9003],"tags":[72,2397],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-648023","post","type-post","status-publish","format-standard","hentry","category-worth-reading","tag-enterpriseam","tag-worth-reading","wpautop","entry"],"acf":{"mongo_id":"61ea3542-8de5-46ef-8fec-291eb5053364","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[648002],"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>The man reviving Egypt&#039;s fortunes - 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\/05\/25\/the-man-reviving-egypts-fortunes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The man reviving Egypt&#039;s fortunes\" \/>\n<meta property=\"og:description\" content=\"The man reviving Egypt&#039;s fortunes: Oil and gas news outlet Upstream is running a glowing piece on Oil Minister Tarek El Molla, which it credits with the resurgence in Egypt\u2019s energy sector. Beginning with his tenure as head of the EGPC and now as Oil Minister, El Molla has made repaying arrears owed to international [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/25\/the-man-reviving-egypts-fortunes\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-05-25T04:13:47+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\/05\/25\/the-man-reviving-egypts-fortunes\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/25\/the-man-reviving-egypts-fortunes\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"The man reviving Egypt's fortunes\",\"datePublished\":\"2017-05-25T04:13:47+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/25\/the-man-reviving-egypts-fortunes\/\"},\"wordCount\":183,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"worth reading\"],\"articleSection\":[\"Worth reading\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/25\/the-man-reviving-egypts-fortunes\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/25\/the-man-reviving-egypts-fortunes\/\",\"name\":\"The man reviving Egypt's fortunes - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-05-25T04:13:47+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/25\/the-man-reviving-egypts-fortunes\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/25\/the-man-reviving-egypts-fortunes\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/25\/the-man-reviving-egypts-fortunes\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The man reviving Egypt&#8217;s fortunes\"}]},{\"@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":"The man reviving Egypt's fortunes - 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\/05\/25\/the-man-reviving-egypts-fortunes\/","og_locale":"en_US","og_type":"article","og_title":"The man reviving Egypt's fortunes","og_description":"The man reviving Egypt's fortunes: Oil and gas news outlet Upstream is running a glowing piece on Oil Minister Tarek El Molla, which it credits with the resurgence in Egypt\u2019s energy sector. 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The Lebanese government is set to coordinate with Egypt\u2019s Oil Ministry this week over final terms for the gas imports, he added.\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\/2022\/5\/277.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":546487,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/18\/rising-oil-import-prices-could-cancel-out-gas-export-gains-el-molla\/","url_meta":{"origin":648023,"position":1},"title":"Rising oil import prices could cancel out gas export gains -El Molla","author":"enterpriseam admin","date":"18 May 2022","format":false,"excerpt":"Egypt\u2019s rising oil import bill could cancel out any gains from higher gas export revenues this year, Oil Minister Tarek El Molla told CNBC Arabia yesterday (watch, runtime: 11:49). \u201cIt\u2019s possible that the extra [income] we get from our gas exports could be canceled out by the increase in the\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\/2022\/5\/230.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":594979,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/12\/el-molla-talks-investment-in-egypt-with-emirati-oil-company-heads\/","url_meta":{"origin":648023,"position":2},"title":"El Molla talks investment in Egypt with Emirati oil company heads","author":"enterpriseam admin","date":"12 September 2019","format":false,"excerpt":"Oil Minister Tarek El Molla met yesterday with Emirati Minister of State and CEO of the Abu Dhabi National Oil Company (ADNOC) Sultan Al Jaber to talk investing in Egypt\u2019s oil and gas sector, according to a ministry statement. El Molla also discussed the ongoing cooperation in airplane refueling in\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":[]},{"id":559650,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/31\/new-oil-gas-exploration-tender-coming\/","url_meta":{"origin":648023,"position":3},"title":"New oil + gas exploration tender coming","author":"enterpriseam admin","date":"31 January 2021","format":false,"excerpt":"Energy companies will get a chance to get their hands on new onshore and offshore exploration blocks within two weeks, when state-owned EGPC and EGAS will launch a new oil and gas exploration tender, Oil Minister Tarek El Molla told Gulf Intelligence (watch, runtime: 21:15). The tender will include offshore\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\/2021\/1\/367.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":544588,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/10\/el-molla-discusses-gas-exports-with-us-officials\/","url_meta":{"origin":648023,"position":4},"title":"El Molla discusses gas exports with US officials","author":"enterpriseam admin","date":"10 March 2022","format":false,"excerpt":"El Molla discusses gas exports with US officials: Oil Minister Tarek El Molla discussed Egypt\u2019s gas exports with US Secretary of Energy Jennifer Granholm and State Department energy advisor Amos Hochstein during the CERAWeek International Energy Conference yesterday, according to a cabinet statement.Egyptian gas exports have taken on a new\u2026","rel":"","context":"In &quot;Diplomacy&quot;","block_context":{"text":"Diplomacy","link":"https:\/\/enterpriseam.com\/egypt\/category\/regulation\/diplomacy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":543747,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/16\/were-getting-more-gas-from-israel-dragon-strikes-oil\/","url_meta":{"origin":648023,"position":5},"title":"We\u2019re getting more gas from Israel + Dragon strikes oil","author":"enterpriseam admin","date":"16 February 2022","format":false,"excerpt":"Israel will increase its natural gas exports to Egypt by up to 50% by the end of February, Israeli Energy and Water Minister Karine Elharrar has said, according to Bloomberg. Chevron and Delek Drilling, which operate Israel\u2019s two biggest offshore reservoirs \u2014 the Tamar and Leviathan gas fields \u2014 will\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\/2022\/2\/219.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\/648023","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=648023"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/648023\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/648002"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=648023"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=648023"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=648023"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=648023"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=648023"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}