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
The digital EGP won’t look different at checkout — but it will work nothing like InstaPay
Every instant payment today depends on your bank or telco.…
Granite is about to test whether Egypt’s funds still need administrators
The asset manager and blockchain builder Tarmiiz have entered the…
Egypt is fixing how deals get executed, but what pushes investors offshore runs deeper than the reforms on the table
Investment Ministry and a Senate committee are both moving to…
Egyptian-UK fintech Zeal raises USD 10 mn to back expansion plans
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…