Town Gas | Egypt Oil & Gas - Part 2
Town Gas Connects 230,000 Units to Natural Gas in 2020
The Egyptian Company For Natural Gas Distribution (Town Gas) connected 230,000 housing units with natural gas in 2020 where some areas had natural gas for the first time such as Al Badrashin, Atfih, Abu Anomros, and N...
Natural Gas to Reach 50,000 Clients in Abu Al Numros
The Minister of Petroleum and Mineral Resources, Tarek El Molla, announced the connection of Abu Al Numros area to natural gas grid for the first time to provide natural gas to about 50,000 clients, according to a pre...
MoP to Install 600,000 Prepaid Meters
The Ministry of Petroleum and Mineral Resources plans to install 600,000 pre-paid meters in the upcoming years, Minister Tarek El Molla stated. The minister demonstrated the advantages of replacing old mechanical mete...
GasReg Awards Natural Gas Licenses to 15 Companies
The Gas Regulatory Authority (GasReg) awarded 15 companies licenses to transport, distribute, ship, and supply natural gas, according to Al-Borsa News. 14 companies were granted distribution and supply licenses for a ...
Egypt Gas, Town Gas Sign an EGP 232.8 MM Deal
Egypt Gas and the Egyptian Company for Natural Gas Distribution in Cities (Town Gas) signed an EGP 232.8 million deal to deliver natural gas across several governorates, according to a statement. The deal is valid for...
El Molla Appoints New Company Heads
The Minister of Petroleum and Mineral Resources, Tarek El Molla, has issued a movement of transfers for a number of heads to several companies in the energy sector in his endeavor to support the petroleum sector with ...
Town Gas Investments Reach EGP 1.2 B in 2019
The Chairman and Managing Director of Town Gas, Yasser Bahnas, said that the company has achieved unprecedented results during 2019 for the second year in a row, in which natural gas was connected to 300,000 housing u...
Egypt Gas Acquires 11% of GASCO Stake in Town Gas
The Egyptian Natural Gas Company (GASCO) has sold 11% of its stakes in it Town Gas’s shares to Egypt Gas, the company announced in a statement. The acquisition, estimated at EGP 19.4 million, will increase the t...
