Minister of Petroleum and Mineral Resources Tarek El Molla alongside with Olivia Toderean, Ambassador of Romania in Cairo, have witnessed the signature of a memorandum of understanding (MoU) between Town Gas and Romania’s CIS Gaz to cooperate and exchange expertise in the field of natural gas.

The MoU was signed between the Chairman of Town Gas Mohamed Fathy and the General Manager of CIS GAZ Horatiu Sebastian Calugar.

According to the agreement, the natural gas delivery company in Romania will collaborate with Town Gas, ensuring that Town Gas will benefit from the company’s great experience in this field. This is in addition to cooperation related to manufacturing and collecting the pressure reduction stations in Egypt by using Romanian components.

It also includes the establishment of a special unit for producing home pressure reducing regulators in mutual partnership within the workshops of Town Gas. This will be part of an effort to provide these products inside Egypt instead of importing them, and also looking to export them abroad, possibly for use in joint projects in Romania.