Modern Gas Announces Gas Delivery Levels in 2021

Modern Gas Announces Gas Delivery Levels in 2021

Modern Gas Company held a general assembly meeting to approve the results of its work during 2021, in the presence of Magdy Galal, Chairman of the Egyptian Natural Gas Holding Company (EGAS), and Alaa El Batal, Chairman of the Egyptian General Petroleum Corporation (EGPC).

During the assembly, the company’s Chairman Mohamed Kandil reviewed the most important business results achieved by the company during 2021.

Kandil highlighted the increase in gas delivery rates to households, as a result of the easy installments initiative launched by the Ministry of Petroleum and Mineral Resources. 

The company also contributed to the implementation of national projects such as the new city of El Alamein and the New Administrative Capital. He also highlighted the company’s role in the Hayah Karima (‘Decent Life’) initiative by delivering natural gas to the Qena, Sohag, and Sharqia governates, where the natural gas works began in 36 villages. The service was delivered to 35,198 subscribers, in addition to the delivery of natural gas to subsidized municipal bakeries, Kandil said. He added that all bakeries located in the company’s work areas were connected, reaching 713 bakeries, and gas refueling services were added to 69 stations in the various areas of the company’s work.

Modern Gas Company was established by merging the companies, Regions Gas, Cairo Gas, and Sinai Gas, as an Egyptian joint stock company to be a large entity capable of absorbing and implementing the country’s ambitious plan to deliver natural gas to the largest number of citizens as well as commercial and industrial projects at the level of the Republic.

Sarah Samir 2746 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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