EGAS Secures 2.1 Tcf of Natural Gas in 2017/18

EGAS Secures 2.1 Tcf of Natural Gas in 2017/18

The Egyptian Natural Gas Holding Company (EGAS) secured 2.1 trillion cubic feet (Tcf) of natural gas during fiscal year (FY) 2017/18,  Egypt Oil & Gas reports.

EGAS head, Osama El Bakly, revealed the new figure during the general assembly held with Minister of Petroleum Tarek El Molla to review the company’s results in the previous financial year.

El Bakly also said during the meeting that electricity-generating power plants accounted for 63% of the country’s natural gas consumption during FY 2017/18.

 

Avatar photo

Sarah Samir 3751 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.

Login

Welcome! Login in to your account

Remember me Lost your password?

Lost Password