Arab FinanceThe Egyptian petroleum sector, represented by the Egyptian Company for Natural Gas Distribution in Cities (Town Gas), signed contracts Implementing local manufacturing projects for stations Reducing natural gas pressure inside Egypt, as well as delivering natural gas to homes and other facilities inside Romania after Town Gas Company, affiliated with the petroleum sector of the Romanian Energy Authority (ANRE), was approved as a contractor to implement natural gas delivery projects as the first Egyptian company working in this field within Europe.
The signing of the contracts was witnessed by Dr. Rania Al-Mashat, Minister of Planning and International Cooperation, Stefan Radu, Romanian Minister of Economy and Tourism, and Engineer Yass Mohamed, Executive Managing Director of the Egyptian Natural Gas Holding Company, on behalf of Engineer Karim Badawy, Minister of Petroleum and Mineral Resources.
The Egyptian-Romanian Joint Committee for Economic Cooperation, which participated in its work on behalf of Engineer Karim Badawy, Minister of Petroleum and Mineral Resources, and Engineer Yassin Mohamed, Chairman of the Natural Gas Holding Company (EGAS), held its fourth session in Bucharest, and the Business Forum between the two countries also held its activities in the Chamber of Commerce. In Bucharest, Engineer Yass Mohamed, Executive Managing Director of the Egyptian Natural Gas Holding Company (EGAS), reviewed in his speech before the forum the great development in cooperation with the Romanian side in the field of natural gas.
Which has become a strategic partnership based on the distinguished relations and extensive experience of Egyptian natural gas delivery companies and their skilled cadres, which qualifies them to participate in the implementation of natural gas delivery projects outside Egypt, pointing out that our partners in Romania are represented by Trans Gas and Ciz Gas, with whom we have distinguished cooperation relations that have developed into strategic partnerships. .
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