Egypt Aims to Pump Natural Gas to 1m Households

Egypt Aims to Pump Natural Gas to 1m Households

Egypt’s Ministry of Petroleum and Mineral Resources is aiming to pump natural gas to 1 m households across 26 governorates during the next Financial Year (FY) 2017-2018 at a cost of EGP 4.2b, Al Shorouk informed.

In addition, the Ministry of Finance has allocated EGP 1.2b in the state budget for FY 2017/2018 in order to connect homes to the national gas grid.

Furthermore, the Ministry of Petroleum and Mineral Resources signed a cooperation protocol with the Ministry of Social Solidarity to provide low income citizens with easy loans to cover the cost of connecting their households to the national gas grid.

Moreover, a proposal is being considered in cooperation with the Ministry of Social Solidarity in order to support low income citizens, who are unable to pay the cost of delivering natural gas to their homes, so that they will be exempted based on the social research conducted by the Ministry of Social Solidarity.

Dr. Mahinaz El-Baz 318 Posts

Mahinaz El Baz received her PhD degree in International Economics from Helwan University in 2022. She has +10 years of experience in journalism and economic analysis. She received the "Best Economic Article Award" in 2016 from CFA Society Egypt.

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