{"id":573470,"date":"2020-08-06T04:03:12","date_gmt":"2020-08-06T04:03:12","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/06\/gastec-to-establish-23-new-natural-gas-filling-stations\/"},"modified":"2020-08-06T04:03:12","modified_gmt":"2020-08-06T04:03:12","slug":"gastec-to-establish-23-new-natural-gas-filling-stations","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/06\/gastec-to-establish-23-new-natural-gas-filling-stations\/","title":{"rendered":"Gastec to establish 23 new natural gas filling stations"},"content":{"rendered":"

<\/a> Gastec plans to open 23 new natural gas filling stations and five integrated natgas and <\/strong>gasoline stations this year<\/strong> as the government pushes ahead with an ambitious program to convert the nation\u2019s vehicles to run on natgas, Al Mal<\/a> reports, citing unnamed sources at the company. Trade Minister Nevine Gamea said last month that the government will open another 366 natgas stations<\/a> around the country as part of a new initiative<\/a> to outfit mns of vehicles with dual-fuel engines. There are currently 190 natgas stations<\/a> in the country, 100 of which are operated by Gastec.<\/p>\n

TAKE A DEEP DIVE into the subject with Hardhat<\/strong>, our weekly infrastructure vertical, which wrapped up yesterday its three-part look at the conversion plan: Part 1<\/a>, Part 2<\/a> and Part 3<\/a>.<\/p>\n

The great big natural gas transition: <\/strong>The Sisi administration earlier this year<\/a> announced a multi-year plan to convert or replace 1.8 mn cars<\/a> to run on both gasoline and natural gas. Owners of vehicles over 20 years\u2019 old will receive low-interest loans<\/a> through the MSME Development Agency to purchase new dual-fuel vehicles, while those with younger vehicles will be able to access zero-interest finance<\/a> to outfit them with new engines. President Abdel Fattah El Sisi said that car licenses will be conditioned on citizens complying with the program and converting their vehicles.<\/p>\n

Expect to see more cars running on natgas on the road as car distributors look to import <\/strong>CNG-powered models:<\/strong> Fiat and Alfa Romeo\u2019s local agent Dynamics Distribution is planning to roll out passenger cars and cargo vans that run on natural gas \u201cas soon as possible,\u201d CEO Emad Helmy told Hapi Journal<\/a>. Helmy did not provide further details on the timeline.<\/p>\n","protected":false},"excerpt":{"rendered":"

Gastec plans to open 23 new natural gas filling stations and five integrated natgas and gasoline stations this year as the government pushes ahead with an ambitious program to convert the nation\u2019s vehicles to run on natgas, Al Mal reports, citing unnamed sources at the company. Trade Minister Nevine Gamea said last month that the […]<\/p>\n","protected":false},"author":1,"featured_media":573471,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[144,72,3528,5633,91,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-573470","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speed-round","tag-automotive","tag-enterpriseam","tag-gastec","tag-korra-energy","tag-oil-and-gas","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"cefc0abf-986a-4591-8cc7-2ad3da8505c1","is_powered_by":true,"section_story_id":"aaa2b485-2ac7-44a7-a97c-5b3247eafeb0","story_type":"1","photo_url":"https:\/\/ent.news\/2020\/8\/34.jpg","photo_position":"above","related_issue":[573459],"teaser":"","voice_url":""},"yoast_head":"\nGastec to establish 23 new natural gas filling stations - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/06\/gastec-to-establish-23-new-natural-gas-filling-stations\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gastec to establish 23 new natural gas filling stations\" \/>\n<meta property=\"og:description\" content=\"Gastec plans to open 23 new natural gas filling stations and five integrated natgas and gasoline stations this year as the government pushes ahead with an ambitious program to convert the nation\u2019s vehicles to run on natgas, Al Mal reports, citing unnamed sources at the company. Trade Minister Nevine Gamea said last month that the […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/06\/gastec-to-establish-23-new-natural-gas-filling-stations\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-08-06T04:03:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2020\/8\/34.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/06\/gastec-to-establish-23-new-natural-gas-filling-stations\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/06\/gastec-to-establish-23-new-natural-gas-filling-stations\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Gastec to establish 23 new natural gas filling stations\",\"datePublished\":\"2020-08-06T04:03:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/06\/gastec-to-establish-23-new-natural-gas-filling-stations\/\"},\"wordCount\":280,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/06\/gastec-to-establish-23-new-natural-gas-filling-stations\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2020\/8\/34.jpg?fit=%2C&ssl=1\",\"keywords\":[\"automotive\",\"EnterpriseAM\",\"Gastec\",\"Korra Energy\",\"oil and gas\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/06\/gastec-to-establish-23-new-natural-gas-filling-stations\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/06\/gastec-to-establish-23-new-natural-gas-filling-stations\/\",\"name\":\"Gastec to establish 23 new natural gas filling stations - 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The\u2026","rel":"","context":"In "THE NATGAS TRANSITION"","block_context":{"text":"THE NATGAS TRANSITION","link":"https:\/\/enterpriseam.com\/egypt\/category\/the-natgas-transition\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":559095,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/10\/its-a-gas-gas-gas\/","url_meta":{"origin":573470,"position":1},"title":"It\u2019s a gas, gas, gas","author":"enterpriseam admin","date":"10 January 2021","format":false,"excerpt":"TAQA Arabia will invest EGP 3.6 bn to build 180 natgas filling stations between now and 2023, Executive Chairman Khaled Abu Bakr told Kelma Akhira\u2019s Lamees El Hadidi last night (watch, runtime: 9:22). Qalaa Holdings\u2019 energy distributor was announced last week as a private sector partner that will help expand\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/1\/93.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":562753,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/06\/more-natgas-microbuses-are-coming\/","url_meta":{"origin":573470,"position":2},"title":"More natgas microbuses are coming","author":"enterpriseam admin","date":"6 June 2021","format":false,"excerpt":"Owners of microbuses that are 20+ years old will be able to apply for the first phase of the government\u2019s natgas vehicle swap scheme starting July, Finance Minister Mohamed Maait said in a statement. 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The plan will see more refueling stations built across Egypt and new financial instruments to fund more conversions.\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":592850,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/07\/sme-authority-to-provide-egp-800-mn-to-convert-10k-car-engines-to-natgas\/","url_meta":{"origin":573470,"position":4},"title":"SME Authority to provide EGP 800 mn to convert 10k car engines to natgas","author":"enterpriseam admin","date":"7 November 2019","format":false,"excerpt":"The SME Development Authority is doling out EGP 800 mn to the Natural Gas Vehicles Company (Cargas) and Gastec to finance the conversion of 10k cars to run on natural gas, Al Mal reported. The government is planning to have at least 50k car owners install dual-fuel natgas\/gasoline engines, requiring\u2026","rel":"","context":"In "Automotive + Transportation"","block_context":{"text":"Automotive + Transportation","link":"https:\/\/enterpriseam.com\/egypt\/category\/automotive-transportation\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":600361,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/28\/govt-working-on-incentives-to-promote-electric-vehicles-mercedes-delegation-due-for-visit-soon\/","url_meta":{"origin":573470,"position":5},"title":"Gov\u2019t working on incentives to promote electric vehicles; Mercedes delegation due for visit \u201csoon\u201d","author":"enterpriseam admin","date":"28 January 2019","format":false,"excerpt":"REGULATION WATCH- Gov\u2019t working on incentives to promote electric vehicles: The government is working on a new policy framework to encourage the use of electric vehicles (EVs) based on instructions from President Abdel Fattah El Sisi, according to a Cabinet statement. 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