Minister of Petroleum and Mineral Resources Tarek El Molla has taken measures to review the implementation of projects to deliver natural gas to homes and the activity of supplying cars with gas during the current fiscal year 2023/2024 until the end of last March.

El Molla stated that the Ministry is continuing the initiative to pay customers’ contributions to the delivery cost in installments, as the cost is currently paid in installments over seven years without down payment and without interest at a rate of EGP 40 per month for new areas that natural gas enters for the first time and operates under the project system.

The minister pointed to the success of the petroleum sector in delivering natural gas to about 14.7 million housing units since the start of activity until the end of March 2024, which led to the provision of about 265 million butane gas cylinders annually and the support corresponding to this number.

El Molla explained that during the year, natural gas was delivered to 118 new areas that natural gas entered for the first time until the end of March, and gas was delivered to about 3,905 bakeries within the first and second phases of the initiative to deliver to subsidized municipal bakeries.

In the field of fueling cars with compressed natural gas (CNG), in implementation of the presidential directives, the Ministry developed an ambitious plan that resulted in the establishment of 58 car fueling stations to operate with CNG during the year until the end of March. The rest of the stations are being implemented, bringing the total number of stations to approximately 1,000 stations distributed throughout the Republic. About 39,500 cars have also been converted to operate on dual fuel (liquid fuel/natural gas), bringing the total number of cars that have been converted since the start of activity to about 550,000 cars.

Additionally, 19 conversion centers were also operated, bringing the total since the start of activity to 149 transfer centers to serve customers nationwide.