Egypt Gas Signs EGP 66.9M Protocol with NUCA

Egypt Gas Signs EGP 66.9M Protocol with NUCA

Egypt Gas Company has signed a cooperation protocol worth EGP 66.9 million with Egypt’s New Urban Communities Authority (NUCA), Reuters reported.

The new protocol includes connecting the New Administrative Capital to the national gas grid; in addition to processing external installations for 21,810 housing units. According to the protocol, operation will start within 2018, Egypt Oil & Gas reports.

In October, Egypt Gas Company was preparing to supply the fuel requirements of the airport at the New Administrative Capitol once it begins operations, the Head of Egypt Gas, Mohamed Shabaan, told Akhbar El Yom Newspaper.

Egypt Gas will bear the sole responsibility for meeting the airport’s demand for fuel, Shabaan noted.

The volume supplied will depend upon the needs of the airport and its flight volume, Shabaan said. Depending upon demand, other suppliers could assume some of the responsibility of meeting the airport’s fuel needs, he added.

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