{"id":612303,"date":"2023-12-20T00:00:00","date_gmt":"2023-12-20T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/20\/town-gas-linking-the-grids-in-romania-plus-news-from-compass-capital\/"},"modified":"2023-12-20T00:00:00","modified_gmt":"2023-12-20T00:00:00","slug":"town-gas-linking-the-grids-in-romania-plus-news-from-compass-capital","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/20\/town-gas-linking-the-grids-in-romania-plus-news-from-compass-capital\/","title":{"rendered":"Town Gas linking the grids in Romania. PLUS: News from Compass Capital"},"content":{"rendered":"

TOWN GAS TO SET UP NATGAS GRIDS IN ROMANIA:<\/strong> The Egyptian Company for Gas Distribution (Town Gas) will manage linking natural gas distribution grids in Romania, under a MoU signed with Romania-based natural gas delivery company Cis Gaz<\/a>. The MoU will also see Town Gas locally manufacture and assemble pressure regulating stations (PRS) and pressure-reducing valves (PRV). The parties agreed to make these products available in the local market, rather than importing them, with future plans to gear the output towards exports. (Oil Ministry Statement<\/a>)<\/p>\n

\n

\n

A NEW INVESTMENT FUND TARGETING EGX-LISTED<\/strong> COMPANIES:<\/strong> Private equity firm Compass Capital is setting up an investment fund targeting stakes between 15-30% in EGX-listed companies \u2014 dubbed C3. The fund wants to reach a first close of EGP 2 bn, which will be used to invest in around six companies. It has already garnered the attention of CIB, Banque Misr, Midbank, and other unnamed institutions. The fund is awaiting FRA approval. (Al Mal<\/a>)<\/p>\n

RUSSIAN WHEAT SECURED: <\/strong>GASC has purchased 480k tons of Russian wheat during its latest tender. (Reuters<\/a>) <\/p>\n","protected":false},"excerpt":{"rendered":"

Town Gas will locally manufacturing and assembling pressure regulating stations and pressure-reducing valves<\/p>\n","protected":false},"author":1,"featured_media":612304,"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":[7209],"tags":[111,998,72,11878],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-612303","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-compass-capital","tag-enterpriseam","tag-town-gas","wpautop","entry"],"acf":{"mongo_id":"82c9ae4b-9e77-4333-8c2c-8c5d4d498336","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2020\/1\/775.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Egypt\u2019s Town Gas linking the grids in Romania. 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Along with Oil Minister Tarek El Molla, he attended the signing of two MoUs between Jordanian Egyptian Fajr for Natural Gas Transmission & Supply, Fajr Egypt, the Egyptian Natural Gas Company (Gasco), and Egypt Gas. The first\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":605729,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/05\/israel-cyprus-greece-are-about-to-make-big-decisions-about-the-future-of-east-med-gas\/","url_meta":{"origin":612303,"position":5},"title":"Israel, Cyprus + Greece are about to make big decisions about the future of East Med gas","author":"enterpriseam admin","date":"5 September 2023","format":false,"excerpt":"Momentum is growing behind a proposal to establish a pipeline linking Israel\u2019s gas fields to Europe","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\/2023\/9\/338.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/612303","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=612303"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/612303\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/612278"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/612304"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=612303"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=612303"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=612303"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=612303"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=612303"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}