Egyptian Parliament to Discuss New Gas Law

Egyptian Parliament to Discuss New Gas Law

The Energy Committee at the Parliament will start holding discussions on the new Gas Regulatory Law in mid December. The committee will hold three meetings that will go in parallel to the Parliament’s plenary session, reported Al Wattan News.The Energy committee will hold talks on the new regulation with the Economic Affairs Committee, the Planning Committee, the Budget Committee and the Legislative Affairs Committee.

In related news, Egypt’s Petroleum and Mineral Resources Ministry had announced its plans to finalize the new gas law before the end of 2017, according to Oil Minister, Tarek El Molla. The new gas law was to establish a regulatory authority for the natural gas market, which is expected to define levels of price liberalization and create equal opportunities for gas market contributors.

Sarah Samir 2789 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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