the Egyptian International Gas Technology Co. (Gastec)
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MSMEDA Finances Car Conversion to CNG
Wednesday, 6th November 2019
The Micro, Small, and Medium Enterprises Development Agency (MSMEDA) has signed two agreements with Natural Gas Vehicles Company (Car gas) and the Egyptian International Gas Technology Co. (Gastec), totaling EGP 80 million, in order to convert cars to run on compressed natural gas (CNG) instead of gasoline.
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 60.81 | -0.77% |
Crude Oil (Brent) Brent | USD/bbl | 63.72 | -0.55% |
NYMEX Natural Gas | USD/MMBtu | 2.80 | -0.46% |
OPEC Basket Price | USD/bbl | 61.97 | -3.53% |
Last Modified March 4, 2021