The petroleum sector and the National Service Project Organization (NSPO) signed a cooperation agreement to introduce more bi-fuel cars into the market, Egypt Oil & Gas reports.
Mohsen El Mahallawy, the National Company for Petroleum (NPCO) Director, signed the agreement with Osama El Bakly, the Egyptian Natural Gas Holding Company (EGAS) Chairman, Abdelfattah Farahat, the Egyptian International Gas Technology Company (Gastec) Chairman and Managing Director, and Hesham El Safty, the Natural Gas Vehicles Company (Car Gas) Chairman, in the presence of Tarek El Molla, the Minister of Petroleum.
The agreement states that the vehicles transformation and new fueling processes will take place in NPCO natural gas stations across Egypt through Gastec and Car Gas, which are expected to reach a number of 350 active gas stations in six years.
El Molla mentioned that the agreement serves the government’s program that aims to turn the vehicles into gas-powered ones due to its good quality and cost efficiency, while the ministry is planning to turn 50,000 vehicles during the current Fiscal Year (FY).
From his side, El Mahallawy ensured NSPO’s support for the government’s vision to expand the usage of natural gas.