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| Company type | Government-owned |
|---|---|
| Industry | Oil and gas |
| Founded | 1997 |
| Founder | Egyptian Natural Gas Holding Company(EGAS) |
| Headquarters | New Cairo, Egypt |
| Number of locations | Egypt, Jordan, Lebanon |
| Products | Natural gas Propane LPG Gas condensates |
| Services | Natural gas transmission Pipeline services |
| Revenue | E£6 billion |
| Net income | E£1.8 billion |
| Owner | Egyptian Natural Gas Holding Company (79%) Petrojet (15%) Egypt Gas (15%) |
| Number of employees | 4500+ |
| Parent | Egyptian Natural Gas Holding Company |
| Website | www |
Egyptian Natural Gas Company (GASCO) is a subsidiary of the Egyptian Natural Gas Holding Company, 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.
Ownership
The main shareholder is the Egyptian Holding Company for Natural Gas with 70% of shares. Petrojet and Egypt Gas own 15% of shares both.
See also
References
- "GASCO to transport gas from Raven field to Western Desert Gas Complex". EgyptToday.
- "Egypt's Enppi, Petrojet accomplish 60% of natural gas network expansion in Jordan - Economy - Business - Ahram Online". english.ahram.org.eg.
External links
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