Industry | Natural Gas transmission & Processing |
---|---|
Founded | 1997 |
Founder | Egyptian Petroleum Ministry |
Headquarters | New Cairo, Egypt |
Number of locations
|
Egypt,Jordan,Lebanon |
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
|
4500+ |
Parent | Egyptian Petroleum Ministry |
Website | www.gasco.com.eg |
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.