{"id":651601,"date":"2017-02-16T04:17:55","date_gmt":"2017-02-16T04:17:55","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/16\/egypt-will-reach-natural-gas-self-sufficiency-by-2018-egas\/"},"modified":"2017-02-16T04:17:55","modified_gmt":"2017-02-16T04:17:55","slug":"egypt-will-reach-natural-gas-self-sufficiency-by-2018-egas","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/16\/egypt-will-reach-natural-gas-self-sufficiency-by-2018-egas\/","title":{"rendered":"Egypt will reach natural gas self-sufficiency by 2018 -EGAS"},"content":{"rendered":"<p><strong>Egypt aims to reach natural gas self-sufficiency in 2018,<\/strong> EGAS Chairman Mohamed El Masry told <a href=\"http:\/\/ara.reuters.com\/article\/businessNews\/idARAKBN15U17L\">Reuters' Arabic Service<\/a>. The private sector will be able to import natural gas for industries through new regulations by 2018 or possibly before then, he added. A large portion of the gap between supply and demand will be filled when the Zohr field begins production at the end of the year, he said. El Masry also expects natural gas exports to resume from Egypt\u2019s three liquefaction plants in 2019. He expects natural gas output to reach 5.9 bcf\/d by FY2018-19. The Oil Ministry\u2019s <a href=\"https:\/\/enterprise.press\/stories\/2017\/02\/05\/new-discoveries-to-be-announced-in-2h2017-put-egypt-on-natural-gas-export-track\/\">previous target date<\/a> for natural gas self-sufficiency was 2019 as it expected new discoveries to be announced in 2H2017. <strong>That opens the question of what we\u2019re going to do with FSRUs<\/strong>, given the contract for the H\u00f6egh Gallant, the first FSRU Egypt contracted, is commissioned <a href=\"https:\/\/enterprise.press\/stories\/2015\/04\/07\/pyramid-scheme-in-upper-egypt-state-company-ipo-details-by-weeks-end-sand-storm-inbound-gcc-deposits-within-2-weeks-one-stop-shop-will-take-18-months-to-ramp-up-e-visa\/\">for a five-year term<\/a> that expires in 2020, and the second FSRU, provided by BW Gas, is also on <a href=\"https:\/\/enterprise.press\/stories\/2015\/08\/04\/dhl-to-slap-egypt-promo-stickers-on-180-mn-boxes\/\">a USD 60 mn a year<\/a> contract expiring the same year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Egypt aims to reach natural gas self-sufficiency in 2018, EGAS Chairman Mohamed El Masry told Reuters' Arabic Service. The private sector will be able to import natural gas for industries through new regulations by 2018 or possibly before then, he added. A large portion of the gap between supply and demand will be filled when [&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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-651601","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"5a4cf69a-5c1d-4817-b5af-c871bf9df15e","order":"0","is_powered_by":true,"section_story_id":"22e849de-d4ed-4b06-be5c-1b0cfe060817","story_type":"1","photo_url":"","photo_position":"above","related_issue":[651589],"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>Egypt will reach natural gas self-sufficiency by 2018 -EGAS - 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\/02\/16\/egypt-will-reach-natural-gas-self-sufficiency-by-2018-egas\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt will reach natural gas self-sufficiency by 2018 -EGAS\" \/>\n<meta property=\"og:description\" content=\"Egypt aims to reach natural gas self-sufficiency in 2018, EGAS Chairman Mohamed El Masry told Reuters&#039; Arabic Service. The private sector will be able to import natural gas for industries through new regulations by 2018 or possibly before then, he added. A large portion of the gap between supply and demand will be filled when [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/16\/egypt-will-reach-natural-gas-self-sufficiency-by-2018-egas\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-02-16T04:17:55+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\/02\/16\/egypt-will-reach-natural-gas-self-sufficiency-by-2018-egas\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/16\/egypt-will-reach-natural-gas-self-sufficiency-by-2018-egas\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt will reach natural gas self-sufficiency by 2018 -EGAS\",\"datePublished\":\"2017-02-16T04:17:55+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/16\/egypt-will-reach-natural-gas-self-sufficiency-by-2018-egas\/\"},\"wordCount\":180,\"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\/02\/16\/egypt-will-reach-natural-gas-self-sufficiency-by-2018-egas\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/16\/egypt-will-reach-natural-gas-self-sufficiency-by-2018-egas\/\",\"name\":\"Egypt will reach natural gas self-sufficiency by 2018 -EGAS - 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The discoveries will bring Egypt \u201ccloser to its goal of self-sufficiency by 2019,\u201d the story says, quoting EGAS chief Mohamed El Masry as noting\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":631649,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/25\/apache-to-drill-50-new-wells-in-egypt-next-fiscal-year-egas-and-eni-trying-to-speed-up-zohr-production-schedule\/","url_meta":{"origin":651601,"position":1},"title":"Apache to drill 50 new wells in Egypt next fiscal year, EGAS and Eni trying to speed up Zohr production schedule","author":"enterpriseam admin","date":"25 March 2018","format":false,"excerpt":"Apache is planning on drilling 50 new exploratory wells in Egypt in the coming fiscal year through its Qaroun and Khalda Petroleum subsidiaries, both JVs with EGPC, Apache CEO John Christmann said on Thursday, according to a report in state-owned Ahram Gate. Christmann said he expects the sector to \u201cwitness\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":556409,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/25\/egypt-on-track-to-achieve-self-sufficiency-in-fuel-products-by-2023-el-molla\/","url_meta":{"origin":651601,"position":2},"title":"Egypt on track to achieve self-sufficiency in fuel products by 2023 \u2013El Molla","author":"enterpriseam admin","date":"25 October 2021","format":false,"excerpt":"Egypt is on track to reach its target of fuel self-sufficiency by 2023 as large-scale upgrades to oil refineries and new facilities expected to cost USD 7 bn come online, Oil Minister Tarek El Molla said in an interview yesterday with Bloomberg (read or watch, runtime: 4:45). Together, those projects\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\/10\/258.png?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":629154,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/23\/ebrd-lends-sopc-usd-200-mn-to-finance-energy-efficiency-program\/","url_meta":{"origin":651601,"position":3},"title":"EBRD lends SOPC USD 200 mn to finance energy efficiency program","author":"enterpriseam admin","date":"23 May 2018","format":false,"excerpt":"EBRD lends SOPC USD 200 mn to finance energy efficiency program: Egypt signed yesterday a USD 200 mn loan agreement with the European Bank for Reconstruction and Development (EBRD) for the Suez Oil Processing Company (SOPC) to finance the company\u2019s energy efficiency investments, including its Green Economy Transition approach, according\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":625501,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/egypt-cyprus-reach-agreement-on-gas-pipeline\/","url_meta":{"origin":651601,"position":4},"title":"Egypt, Cyprus reach agreement on gas pipeline","author":"enterpriseam admin","date":"7 August 2018","format":false,"excerpt":"Egypt, Cyprus reach agreement on key gas pipeline: Cairo and Nicosia have reached an agreement to connect the Aphrodite gas field liquefaction plants in Egypt, Cyprus state television CyBC said, according to the Cyprus Mail. The agreement will be inked sometime in the fall, CyBC said, citing diplomatic sources. \u201cThe\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":631000,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/07\/egas-to-issue-lng-tenders-in-2q2018\/","url_meta":{"origin":651601,"position":5},"title":"EGAS to issue LNG tenders in 2Q2018","author":"enterpriseam admin","date":"7 March 2018","format":false,"excerpt":"EGAS is planning to issue a tender for an unspecified amount of LNG in 2Q2018, an unnamed EGAS source tells Reuters\u2019 Arabic service. The shipments would be delivered the following quarter. Oil Minister Tarek El Molla had said last month that Egypt will stop importing LNG by the end of\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/651601","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=651601"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/651601\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/651589"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=651601"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=651601"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=651601"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=651601"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=651601"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}