Egypt’s plan to supply natural gas to more than 60 new regions in the fiscal year (FY) 2020/21 is going on at a good pace with gas already supplied to 34 regions.
During a meeting that was chaired by the Minister of Petroleum and Mineral Resources, Tarek El Molla, with the heads of gas companies, the minister followed up on the plan which also aims to deliver natural gas to 1.2 million residential units in FY 2020/ 21 .
El Molla also stated that the households’ natural gas delivery project achieves outstanding results in the FY 2020/21 achieving 55% of its target from the beginning of July until mid-January despite the challenges of COVID-19 pandemic.
El Molla also directed to expand the usage of prepaid meters to raise the efficiency of the country’s dues collection and to make it easier for citizens. About 90,000 meters have been installed, while 600,000 meters are expected to be installed by the end of the FY 2020/21.
During the meeting, the minister discussed the procedures for natural gas delivery to the poor areas under the “Decent Life” initiative to develop the poorest villages. It also tackled the initiative of delivering natural gas to bakeries, which includes in its first phase 5625 bakeries.