The Minister of Finance, Mohamed Maait, stated that the first stage of green car incentive program will cost EGP 7.1 billion to convert 250 vehicles over 20 years old with new vehicles to run on natural gas in seven governorates, as part of an initiative launched by President Abdel Fattah Al-Sisi.

The Cabinet headed by Mostafa Madboulfy, the Prime Minister, approved to finance the proposed green incentive for car owners, as part of the President’s initiative, Abdel Fattah El-Sisi, to replace obsolete cars to run on natural gas.

The Minister of Industry and Trade, Neveen Gamea, held a press conference to present the outcomes of Go Green exhibition, where she emphasized that there is a great citizens’ turnout on the initiative's website of natural gas car conversion as the total number of the registers during the exhibition days reached about 20,000 citizens, including 10,000 citizens who applied to benefit from the initiative.

The Natural Gas Vehicles Company (Car Gas) and Egyptian International Gas Technology (Gastec) signed contracts to provide Chillout, which is a subsidiary of the National Company for Roads, with 24 plots of land for establishing new natural gas stations in line with the presidential initiative of natural gas vehicles conversion (NGVC).

The President Abdel Fattah Al-Sisi inaugurated the first Go Green Exhibition to convert vehicles to run on natural gas and clean energy.

The Minister of Petroleum and Mineral Resources, Tarek El Molla, inaugurated the first natural gas supply station in Sharm El Sheikh, South Sinai Governorate, accompanied by South Sinai Governor, Khaled Fouda, with the aim to expand the presidential initiatives of converting cars to run on natural gas.

Natural Gas Vehicles Company (Car Gas) and the Egyptian International Gas Technology (Gastec) are planning to establish seven natural gas stations in Gharbia as a part of the state’s national car conversion plan.

The Ministry of Petroleum and Mineral Resources signed 26 agreements for exploration and production (E&P) activities to develop petroleum reserves in addition to pumping $6.3 billion in investments from 2018 to 2020, according to a detailed report by the Cabinet offering a two-year insight on the government's work program in the aforementioned timeframe.

The Egyptian International Gas Technology (Gastec) plans to establish about 400 natural gas stations across Egypt within the next two years.

The President Abdel Fattah Al Sisi gives instruction to the government to intensify the motivations for people to convert their cars to run on natural gas.