Egyptian Natural Gas Company

Egyptian Natural Gas Company (GASCO)
Industry Natural Gas transmission & Processing
Founded 1997
Founder Egyptian Petroleum Ministry
Headquarters New Cairo, Egypt
Number of locations
Products Sales gas, Propane, Ethean/Propane mixture, LPG and Condensates
Services Delivering Natural Gas to Power Sector, Iron & steel, Cements, Heavy Industries and Industrial Areas in General.
Revenue 6 billion ج.م
1.8 billion ج.م
Owner Egyptian Government
Number of employees
Parent Egyptian Petroleum Ministry

Egyptian Natural Gas Company (GASCO) is a subsidiary of the Egyptian Holding Company for Natural Gas 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). The national gas grid has extended to neighboring countries through the Arab Gas Pipeline.

The main shareholder is the Egyptian Holding Company for Natural Gas with 70% of shares. Petrojet and Egypt Gas own 15% of shares both.

External links

This article is issued from Wikipedia - version of the 11/15/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.