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The Egyptian Natural Gas Holding Company (EGAS) is an Egyptian state-owned holding company, which owns and manages state stakes in different gas project. The company was established in August 2001. [2] EGAS is also responsible for issuing of natural gas exploration licenses in Egypt. [3]
Egyptian Natural Gas Company (GASCO) is a subsidiary of the Egyptian Natural Gas Holding Company, operating in the field of natural gas transmission, distribution and processing. The company was established in March 1997. GASCO operates the gas grid with total length of 22,000 kilometres (14,000 mi).
In December 2024, Egyptian authorities agreed to accelerate the divestment of state-owned companies to secure a $1.2 billion package from the IMF to improve macroeconomic stability. [ 2 ] The following is a list of key state-owned enterprises in Egypt, and a number of their subsidiaries.
Egyptian Natural Gas Holding Company (EGAS) Egyptian Natural Gas Company (GASCO) South Valley Egyptian Petroleum Holding Company; Egyptian Petrochemicals Holding Co (ECHEM) Holding Company for Chemical Industries
The petroleum sector in Egypt consists of 6 state-owned entities. These are: Egyptian General Petroleum Corporation (EGPC), Egyptian Natural Gas Holding Company(EGAS), Egyptian Petrochemicals Holding Company (ECHEM), Ganoub El Wadi Petroleum Holding Company (GANOPE), and Egyptian General Authority for Mineral Resources.
The name SEGAS comes from the Spanish Egyptian Gas Company. [1] The complex consists of a single LNG train capable of liquifying up to 5 million tons of natural gas per year and is one of two LNG export plants in Egypt (the other being a two-train 7.2Mt/yr LNG plant in Idku, owned by Shell and Petronas which commenced operation in 2005).
Egypt Post; EgyptAir; Egyptian National Railways; EGPC; ERTU; EGAS [1] Egyptian Media Production City; Egyptian Natural Gas Company; Egyptian Electricity Holding Company; Egyptian Exchange; Egyptian Commodities Exchange
Ismail held managerial posts at state-run petrochemical and natural gas firms. He served as the executive deputy chairman and then chairman of the Egyptian holding company for petrochemicals (ECHEM), which was established in 2002. [4] Next he was named chairman of the Egyptian Natural Gas Holding Company (EGAS). [5]