Minister: Egypt Gas Warehouses Renovated at Investment Costs Hitting EGP 97 MlnSource: www.export-egypt.com 2/26/2023, Location: Africa |
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Petroleum and Mineral Resources Minister Tarek el Mulla inaugurated the strategic warehouses of Egypt Gas company in Abu Rawash after the end of their renovations at investment costs worth EGP 97 million.
During a tour of the warehouses Mulla said that the renovation of the warehouses comes within the framework of a strategy aimed at developing the petroleum sector that was launched in 2016 and as part of the plan to turn Egypt into a regional center for energy trade to achieve the maximum benefit from available resources. Mulla said that the Ministry of Petroleum and Mineral Resources is currently delivering natural gas to households at unprecedented rates that reach up to 1.2 million customers annually. He asserted the importance of renovating the warehouses of the company to cope with the increasing demand. Meanwhile, Chairman and Chief Executive Officer at Egypt Gas Wael Gowayed said that the warehouses were refurbished to guarantee their sustainability and full digital transformation as well as to increase their annual storage capacity. |
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