The Gas Regulatory Authority (GasReg) awarded 15 companies licenses to transport, distribute, ship, and supply natural gas, according to Al-Borsa News.
14 companies were granted distribution and supply licenses for a period of five years. The companies which obtained licenses in January are; the Egyptian Natural Gas Company (GASCO), Egypt Gas, the Egyptian Company for Natural Gas Distribution (Town Gas), Regas, Sinai Gas, Overseas Gas, the National Gas Company (Natgas), Cairo Gas, Fayoum Gas Company, and Maya Gas. Al-Nubaria Gas company was granted a supply license in January for a period of five years.
Other companies obtained their licenses back in January 2019 included; City Gas, Nile Valley Gas, Trans Gas, and Ribco Gas. GasReg also granted the Egyptian Natural Gas Holding Company (EGAS) a natural gas supply license for five years.