Dolphinus Holdings and TAQA Arabia have requested for approval from the Egyptian Natural Gas Holding Company (EGAS) to import natural gas for the Egyptian private sector.

In the interim, both companies have been granted preliminary approval for their import requests pending the time Egypt’s new gas law will finalized.

According to a government official, the licences to import gas cannot be issued until the House of Representatives approves the new Natural Gas Act law, which would liberalize the natural gas industry and allow the country become the market regulator and provider of pipelines.

This new law is expected to be concluded by the end of this year, Egypt Oil & Gas reports.

EGAS, which has a gas distribution networks in Egypt, confirmed the conditions for importing gas to the country, stating that importers maintain all essential approvals and pay all required custom fees and tariffs that have to do with the importation process.

The company added that the imported gas must have 0.1% of oxygen and 3% of carbon dioxide, in accordance with the standard for Egypt’s national gas grids.

Anita Fatunji