Egyptian Natural Gas Company (GASCO) | |
Type: | Government-owned |
Foundation: | 1997 |
Founder: | Egyptian Natural Gas Holding Company(EGAS) |
Location City: | New Cairo |
Location Country: | Egypt |
Locations: | Egypt, Jordan, Lebanon |
Industry: | Oil and gas |
Products: | Natural gas Propane LPG Gas condensates |
Services: | Natural gas transmission Pipeline services |
Owner: | Egyptian Natural Gas Holding Company (79%) Petrojet (15%) Egypt Gas (15%) |
Num Employees: | 4500+ |
Parent: | Egyptian Natural Gas Holding Company |
Egyptian Natural Gas Company (GASCO) is a subsidiary of the Egyptian Natural Gas Holding Company, 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 . The national gas grid has extended to neighboring countries through the Arab Gas Pipeline.[1]
The main shareholder is the Egyptian Holding Company for Natural Gas with 70% of shares. Petrojet and Egypt Gas own 15% of shares both.[2]