View source for Egyptian Natural Gas Holding Company

{{short description|Egyptian gas company}}
{{Infobox company
| name             = Egyptian Natural Gas Holding Company  (EGAS)
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| type             = state-owned
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| foundation       = {{start date and age|2001}}
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| defunct          =
| location_city    = [[Nasr City]], [[Cairo]]
| location_country = [[Egypt]]
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| key_people       = [[Magdy Galal]] (Chairman)<ref>[https://web.archive.org/web/20160603121032/http://af.reuters.com/article/topNews/idAFKCN0X41IJ Egypt replaces heads of state oil and gas companies]</ref>
| industry         = [[oil and gas industry|Oil and gas]]
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| owner            = [[Egyptian General Petroleum Corporation]] (EGPC)
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| homepage         = {{url|https://www.egas.com.eg/}}
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}}
The '''Egyptian Natural Gas Holding Company  (EGAS)''' is an Egyptian state-owned holding company, which owns and manages state stakes in different gas project. The company was established in August 2001.<ref>{{Cite web|url=http://egas.com.eg/Corporate_Overview/Introduction.aspx|title=EGAS|website=egas.com.eg|access-date=2017-09-07|archive-date=2016-06-16|archive-url=https://web.archive.org/web/20160616022436/http://egas.com.eg/Corporate_Overview/Introduction.aspx|url-status=dead}}</ref> EGAS is also responsible for issuing of natural gas exploration licenses in Egypt.<ref name=upstream160210>{{cite news|url=http://www.upstreamonline.com/live/article206577.ece|title=EGAS hands out exploration spoils|work=[[Upstream (newspaper)|Upstream Online]]|date=16 February 2010|accessdate=17 June 2010}}</ref>
==Operations==
In 2014/2015, EGAS signed six agreements, of them three offshore areas in Mediterranean Sea and three onshore areas in Nile Delta. In February 2015, a bidding for twelve offshore blocks in Mediterranean Sea was announced.{{citation needed|date=May 2016}}
In 2014/2015, gas production reached about {{convert|1.65|e12cuft/a|abbr=off}} and total local consumption of natural gas reached {{convert|1.66|e12cuft/a|abbr=off}}. Gas import started in April 2015, supplying to the national gas grid after the regasification with quantity of {{convert|30|e9cuft|abbr=off}}.<ref>{{Cite web |url=http://egas.com.eg/docs/pdf/Egas_EN_2015_Final%20@3-9-2015.pdf |title=EGAS Annual Report for FY 2014-2015 |access-date=2016-05-10 |archive-date=2018-05-08 |archive-url=https://web.archive.org/web/20180508154115/http://www.egas.com.eg/docs/pdf/Egas_EN_2015_Final%20@3-9-2015.pdf |url-status=dead }}</ref> In 2012/2013, total net gas production in Egypt reached {{convert|2.26|e12cuft/a|abbr=off}}.<ref>{{Cite web|url=http://egas.com.eg/Egyptian_Natural_Gas/Introduction.aspx|title=EGAS|website=egas.com.eg|access-date=2017-09-07|archive-date=2017-09-07|archive-url=https://web.archive.org/web/20170907165948/http://egas.com.eg/Egyptian_Natural_Gas/Introduction.aspx|url-status=dead}}</ref><ref>{{Cite web |url=http://egas.com.eg/docs/pdf/Egas_EN_2015_Final%20@3-9-2015.pdf |title=EGAS Annual Report for FY 2014-2015 |access-date=2016-05-10 |archive-date=2018-05-08 |archive-url=https://web.archive.org/web/20180508154115/http://www.egas.com.eg/docs/pdf/Egas_EN_2015_Final%20@3-9-2015.pdf |url-status=dead }}</ref>
==Corporate affairs==
In March 2017 Egyptian Oil Minister Tarek al-Molla replaced the Chairman of EGAS Osama Wafik El-Bakly, by Dr Magdy Galal. <ref>{{Cite web|url=https://www.egas.com.eg/chairman-and-ceo|title=Chairman & CEO &#124; EGAS}}</ref>
==See also==
{{Portal|Egypt|Energy}}
* [[Energy in Egypt]]
==References==
{{Reflist}}
==External links==
* {{official|https://www.egas.com.eg/}}
{{authority control}}
[[Category:Oil and gas companies of Egypt]]
[[Category:Energy companies established in 2001]]
[[Category:Non-renewable resource companies established in 2001]]
[[Category:Government-owned companies of Egypt]]
[[Category:Egyptian companies established in 2001]]
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