Egypt Gas Approves Signing of Natural Gas Supply Agreement with the Hong Kong and China Gas Company Limited
April 29, 2020 at 05:46 pm EDT
The board of directors of Egypt Gas approved signing a natural gas supply agreement with The Hong Kong and China Gas Company Limited (Town Gas). The deal includes implementing works for providing about 120,000 customers in Cairo, Giza, Alexandria, Ismailia, and Port Said with access to natural gas at an estimated value of EGP 232.8 million. The one-year deal can be renewed for another term subject to the approval of both parties.