Cabinet Approves Golden License for GASCO

Cabinet Approves Golden License for GASCO

In its meeting No. 257, The cabinet approved granting a golden license to the Egyptian Natural Gas Company (GASCO), regarding a project to increase the capacity of the Western Desert Gas Complex with a fourth production line with a design capacity of 600 million cubic feet per day (mcf/d), on an area of ​​about 33 acres in the Industrial Nahda Zone, in Amreya, Alexandria Governorate.

The Gasco project is scheduled to provide employment opportunities for about 2,500 workers, and its investment cost will reach about 380 million dollars. It aims to increase the production of natural gas derivatives and provide the needs of petrochemical plants with raw materials while providing butane and condensers to support the needs of the local market for these products.


Sarah Samir 3289 Posts

Sarah has been writing in the oil and gas field for 8 years. She has a Bachelor Degree in English Literature. She has three years of experience in the banking sector.


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