TAQA Arabia to Allocate 240 MM towards Building Natural Gas Stations

• Monday, 17th August 2020
• by Editorial Team

TAQA Arabia is planning to pump EGP 240 million of investments in 2020 towards building 14 natural gas fuel stations compatible with all vehicles, which will increase the company’s number of natural gas stations to 21...

Sinai Gas Delivers Natural Gas to Nabaq Bay

• Sunday, 26th April 2020
• by Editorial Team

Sinai Gas is now delivering natural gas to Nabaq Bay in Sharm El-Sheikh with 90% completion of the project and an investment of EGP 250 million, according to a press release. The project has delivered natural gas to 5...

Gastec Suspends Late Premium Payment Penalties

• Wednesday, 15th April 2020
• by Editorial Team

The Egyptian International Gas Technology (Gastec) suspended car conversion’s late premium payment penalties, according to a statement. Adhering to the Ministry of Petroleum and Mineral Resources’ directives to ...

Gastec Increases Revenues by 60% in 2019

• Sunday, 5th April 2020
• by Editorial Team

The Egyptian International Gas Technology (Gastec)’s net profits increased in 2019 to EGP 64.2 million from EGP 14.2 million in 2018, and increased its revenues by 60% recording EGP 1,381 billion in 2019 against...

Car Gas Increases Converted Cars by 122%

• Wednesday, 1st April 2020
• by Editorial Team

Natural Gas Vehicles Company (Car gas) converted 22,649 cars to run on natural gas in 2019, up by 122% compared to 10,212 cars in 2018, according to a press release. Hesham El Safty, Car Gas Chairman, said that the co...