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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 1952 Egypt’s private sector accounted for 76 percent of economic investment. Following the nationalization plans carried out by President Gamal Abdel Nasser in the effort to build a post-independence socialist state, this percentage drastically shifted within a few decades to government investment accounting for over 80 percent of economic investment. [1]
The company's current CEO is Sultan Ahmed Al Jaber. [10] Shayma Al Mazrouei, Environment Department Team Leader in ADNOC Gas Processing's Environment, health and safety (HSE), Division, received the Sustainability Manager of the Year Award 2020 for her continuous contribution to environmental conservations through an innovative water reduction program.
Natural gas prices are on track to close out the year in negative territory.But there's optimism for 2025, largely because of exports and more demand stemming from artificial intelligence. "We ...
This is a non-exhaustive world-wide list of government-owned companies.The paragraph that follows was paraphrased from a 1996 GAO report which investigated only the 20th-century American experience.
Gas import started in April 2015, supplying to the national gas grid after the regasification with quantity of 30 billion cubic feet (850 million cubic metres). [4] In 2012/2013, total net gas production in Egypt reached 2.26 trillion cubic feet per annum (64 billion cubic metres per annum).
The current national gas price average is $3.62 per gallon. The average cost of gas has decreased 15% in the last two years, from when it was $4.27 per gallon .
The Natural Gas Policy Act of 1978 (NGPA) is federal legislation that had been enacted as a response to US natural gas shortages of 1976–77. It was enacted for the following motivations: To create a balance between natural gas supply and demand, Create a national gas market, and; Transition to market-based prices. The NGPA: