{"id":650358,"date":"2017-03-22T04:17:41","date_gmt":"2017-03-22T04:17:41","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/22\/usd-30-bn-to-be-invested-in-three-gas-fields-in-the-next-four-years\/"},"modified":"2017-03-22T04:17:41","modified_gmt":"2017-03-22T04:17:41","slug":"usd-30-bn-to-be-invested-in-three-gas-fields-in-the-next-four-years","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/22\/usd-30-bn-to-be-invested-in-three-gas-fields-in-the-next-four-years\/","title":{"rendered":"USD 30 bn to be invested in three gas fields in the next four years"},"content":{"rendered":"

Investments worth over USD 30 bn will be spent in Zohr, North Alexandria, and Atoll gas fields in the next four years<\/strong>, Oil Minister Tarek El Molla said, according to Al Masry Al Youm<\/a>. El Molla also said the government has managed to reduce IOC receivables by half in 2016 and issue a large number of E&P tenders successfully.<\/p>\n","protected":false},"excerpt":{"rendered":"

Investments worth over USD 30 bn will be spent in Zohr, North Alexandria, and Atoll gas fields in the next four years, Oil Minister Tarek El Molla said, according to Al Masry Al Youm. El Molla also said the government has managed to reduce IOC receivables by half in 2016 and issue a large number […]<\/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-650358","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"23968277-62c9-4288-bc8d-acc63730d5fa","order":"0","is_powered_by":true,"section_story_id":"63381cfb-72fb-4e88-990b-396a01cb5c2d","story_type":"1","photo_url":"","photo_position":"above","related_issue":[650348],"teaser":"","voice_url":""},"yoast_head":"\nUSD 30 bn to be invested in three gas fields in the next four years - 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\/03\/22\/usd-30-bn-to-be-invested-in-three-gas-fields-in-the-next-four-years\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"USD 30 bn to be invested in three gas fields in the next four years\" \/>\n<meta property=\"og:description\" content=\"Investments worth over USD 30 bn will be spent in Zohr, North Alexandria, and Atoll gas fields in the next four years, Oil Minister Tarek El Molla said, according to Al Masry Al Youm. El Molla also said the government has managed to reduce IOC receivables by half in 2016 and issue a large number […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/22\/usd-30-bn-to-be-invested-in-three-gas-fields-in-the-next-four-years\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-03-22T04:17:41+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\/03\/22\/usd-30-bn-to-be-invested-in-three-gas-fields-in-the-next-four-years\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/22\/usd-30-bn-to-be-invested-in-three-gas-fields-in-the-next-four-years\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"USD 30 bn to be invested in three gas fields in the next four years\",\"datePublished\":\"2017-03-22T04:17:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/22\/usd-30-bn-to-be-invested-in-three-gas-fields-in-the-next-four-years\/\"},\"wordCount\":72,\"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\/03\/22\/usd-30-bn-to-be-invested-in-three-gas-fields-in-the-next-four-years\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/22\/usd-30-bn-to-be-invested-in-three-gas-fields-in-the-next-four-years\/\",\"name\":\"USD 30 bn to be invested in three gas fields in the next four years - 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USD 45 bn will need to be spent on developing the electricity sector, with a long term plan to generate 51.7 GW by\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":568634,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/29\/egypt-exxonmobil-sign-usd-332-mn-in-oil-and-gas-agreements\/","url_meta":{"origin":650358,"position":2},"title":"Egypt, ExxonMobil sign USD 332 mn in oil and gas agreements","author":"enterpriseam admin","date":"29 January 2020","format":false,"excerpt":"Egypt, ExxonMobil sign USD 332 mn oil and gas agreements: The Oil Ministry has signed two new agreements with ExxonMobil for oil and gas exploration in the Mediterranean, according to a cabinet statement. The US company will invest a minimum USD 332 mn to drill seven wells, paying the Egyptian\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\/1\/731.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":630602,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/26\/uaes-mubadala-prepares-for-egypt-oil-gas-debut\/","url_meta":{"origin":650358,"position":3},"title":"UAE\u2019s Mubadala prepares for Egypt oil & gas debut","author":"enterpriseam admin","date":"26 April 2018","format":false,"excerpt":"UAE\u2019s Mubadala looking to acquire 10% Zohr stake next month as it prepares to enter Egyptian market: The Abu Dhabi-based Mubadala Petroleum is expected to sign next month the final contracts for its acquisition of a 10% stake in the Zohr gas field from Italy\u2019s Eni, Oil Minister Tarek El\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":632578,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/14\/fdi-in-oil-and-gas-sector-has-hit-usd-10-bn-so-far-this-fiscal-year-el-molla-sounding-the-right-note-on-payments-to-iocs-but-what-about-mid-sized-players\/","url_meta":{"origin":650358,"position":4},"title":"FDI in oil and gas sector has hit USD 10 bn so far this fiscal year; El Molla sounding the right note on payments to IOCs, but what about mid-sized players?","author":"enterpriseam admin","date":"14 February 2018","format":false,"excerpt":"FDI in oil and gas sector up to USD 10 bn this year: Investment by international oil companies reached USD 10 bn so far in FY2017-18, Oil Minister Tarek El Molla said in an interview with Al Borsa. 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