Modern Gas | Egypt Oil & Gas

Modern Gas Posts 49.6 % Increase in Profits in 2025

Modern Gas, an Egyptian joint-stock company, recorded a net profit of EGP 209 million during fiscal year (FY) 2025, yielding a 49.6% year-on-year (YoY) growth rate, according to Wael Gowayed, the company’s Chairman. H...

Modern Gas to Develop Banan Riyadh Gas Network

Modern Gas, an Egyptian joint stock company, has signed an agreement with Talaat Moustafa Group to implement centralized gas networks for the residential city of Banan Riyadh, Saudi Arabia, according to a statement by...

Natural Gas Reaches Homes in Al Hammam City

Modern Gas conducted the first residential natural gas connection in Hammam City, Matrouh Governorate. The company plans to supply 8,000 homes with natural gas, making it the third city in the Governorate to receive n...

Egyptian Companies Discuss Natural Gas Projects in Iraq

Modern Gas, an Egyptian joint stock company with operations in both Saudi Arabia and the United Arab Emirates (UAE), and the Alexandria Petroleum Maintenance Company (Petromaint), a leading oil and gas service provide...

Egypt’s Modern Gas Completes Major Project in UAE

Modern Gas, an Egytian joint stock company with operations in both Saudi Arabia and the United Arab Emirates (UAE), announced the successful completion and operation of its integrated natural gas project in Al Jubail ...

Strategic Cooperation Between Modern Gas, Contact CrediTech to Facilitate Payment of Natural Gas Delivery Costs

Modern Gas Company alongside with Contact CrediTech has announced the signature of a strategic cooperation protocol aiming at providing financial services and facilities for the payment of the natural gas delivering t...

Modern Gas Revenues Reach EGP 2.6B in 2023

Modern Gas defied economic headwinds, achieving a significant revenue boom in 2023. The company reported EGP 2.6 billion in revenue during its general assembly meeting, held in the presence of Minister of Petroleum an...

Two New Villages Connected to Natural Gas Grid in Al Sharkia Governorate

The first natural gas flame has been lit within the first two households in the villages of Bahr Al-Baqar Martyrs 2 and Bahr Al-Baqar 4, in the center and city of Al-Husseiniyah in Al Sharkia Governorate, after being ...

Modern Gas Lights First Natural Gas Flame in Sohag’s Asakra Village

Modern Gas announced the launch of the first natural gas burner in the first housing unit in Asakra village in Sohag, as part of the first phase of Haya Karima (“Decent Life’) and the national project for ...

Modern Gas Achieves Revenues of EGP 2.45B in 2022

Chairman of Modern Gas Mohamed Qandil stated that the company has achieved revenues of EGP 2.45 billion in 2022 which increased by 9.6% compared to the previous year. He added that Modern Gas is connecting natural gas...

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