Natural Gas
The Kattameya field is located in the North Damietta offshore concession area.
The number of the housing units benefiting from the project reached to 11.3 million housing units, Molla said.
He stressed that Egypt has great ambitions to become a regional energy hub.
Amendments to the law defines the value of custom taxes on imported equipment required for charging stations and natural gas fueling stations.
About 1.7 billion cubic meters of exports went to Europe, while Asia and the Pacific countries received 2.7 billion cubic meters, led by Pakistan with about 900 million cubic meters.
He added in statements during signing a contract of supplying natural gas to the industrial area in Eastern Port Said between the General Authority for the Suez Canal Economic Zone and Sinai Company for Gas that his ministry is working to benefit from natural gas for achieving social and economic development.
They also discussed cooperation mechanisms under the umbrella of East Med Gas Forum (EMGF) in light of friendship ties and strong bonds binding both countries at the political and economic levels with the support of presidents of both countries.
“We are close, very close,” to a deal,” said ambassador of Greece to Egypt Nikoaos Garilidis.
In a statement on Thursday, Molla said that the natural gas has been extended for first time to villages and cities in Upper Egypt and densely populated districts.
Through an inventory conducted in coordination with the Ministry of Interior, there are 1.8 million vehicles considered under the initiative, which is set to be implemented over the course of two to five years.
"We have the right, as a country, to license gas-powered cars only and to stop licensing new cars that run on gasoline," He added.
The EGAS, in a statement issued on Saturday, said a settlement agreement and another framework agreement signed with ENI, Naturgy, Union Venusa Gas and the Spanish Egyptian Natural Gas Company (Cigas) were canceled.
Egypt has become a natural gas exporter in the final quarter of 2018, the ministry underscored.
The Petroleum Ministry, in a statement Wednesday, said it would make the announcement during an Eastern Mediterranean Gas Forum, set for Cairo on Thursday.
This came on Tuesday during Shaarawy's meeting with a delegation from the Chinese company Yutong which is specialized in manufacturing electric and natural gas-powered buses.
Cairo launched Tuesday a trial operation of its first electric bus, as a prelude to deploy more buses into service at the public transport sector, along with natural-gas powered buses in the governorate.
This took place during his meeting with Norwegian Ambassador here Lena Natasha Lind.
The insurance will enable Noble Energy Inc. of Houston, Texas to restore the 90-kilometer EMG Pipeline running from the coastal city of Ashkelon, Israel and under the Mediterranean Sea to its destination in Al-Arish, Egypt.
Egypt and Toyota Tsusho discussed on Sunday how the giant Japanese company can contribute to the government’s plans to manufacturing natural gas-powered microbuses.
This decision falls within the framework of the economic, environmental, political and social changes in the local market and as per the provisions of Law no. (196/2017) for the Regulation of Gas Market Activities.
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