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Egypt Completes 60% of Plan Targeting to Double Natural Gas Stations

The Ministry of Petroleum and Mineral Resources has finished 60 percent of the plan targeting to double the number of natural gas stations by the end of 2022 so they would become 1,000 up from 530.

The ministry noted that the number of gas-powered vehicles in Egypt rose to 500,000 by January, and that is why the plan also targets to make those available in all governorates and on the highways.

Figures released earlier show that the number of cars transformed to become gas powered in 2021 is 66,000, which is higher than the 2020 figure by 71 percent. As for the monthly average amount of natural gas sold to power vehicles in 2021, it is 72 million cubic meters against 52 million cubic meters in 2020 with a rise of 38%.

In FY2020/2021, Egypt’s production of natural gas recorded 66.2 billion cubic meters, ranking 14th globally and fifth in Africa. Hence, it is very viable to the government to promote gas-powered vehicles, as that would reduce the bill of gasoline imports given that the country achieved self-sufficiency of the former but not the latter.

Source: Egypt Today