Egypt’s natural gas distribution company, Town Gas, has secured contracts to manufacture and deliver natural gas pressure reduction stations in Egypt and to connect homes and other facilities to the gas grid in Romania, marking the first time an Egyptian company will work in this field in Europe. The contracts were signed by Mohamed Fathi, Chairperson of Town Gas, and Horatiu Sebastian Calugar, chief executive of CIS GAS, a Romanian gas company. The Egyptian delegation was led by Yassin Mohamed, managing director of the Egyptian Natural Gas Holding Company (EGAS) representing Minister of Petroleum Karim Badawi. We have developed strategic partnerships with these companies.”Town Gas has been accredited by the Romanian Energy Regulatory Authority (ANRE) to implement natural gas distribution projects. The contracts mark a significant milestone for Egypt’s natural gas sector and demonstrate the country’s commitment to expanding its reach in the global energy market.

Source: Daily News Egypt October 11, 2024 19:15 UTC