The Executive Regulations for the recently-passed Natural Gas Act will be completed by September, Petroleum Minister Tarek El Molla told the press on Thursday, according to AMAY. The legislation, which passed the House of Representatives last Wednesday, is expected to deregulate the natural gas industry, allowing private sector participation and limiting the state’s role to that of regulator.
More from Enterprise
Banque du Caire’s blockbuster IPO holds firm against EGX selloff
The IFC and the EBRD are in for USD 100…
Electricity Ministry studies changing how your electricity bill gets calculated
The plan is still under study, and neither of the…
Egypt’s funds crossed EGP 500 bn in 3Q on retail money and a stalling core
Money market funds stalled while retail piled into equity, index,…
DPI closes Egypt-born fintech fund Nclude at USD 112 mn
The final close adds roughly USD 7 mn to a…