{"id":659647,"date":"2025-01-30T00:00:00","date_gmt":"2025-01-30T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/01\/30\/indias-everest-kanto-cylinder-to-establish-egypts-first-cng-cylinder-manufacturing-plant\/"},"modified":"2025-01-30T00:00:00","modified_gmt":"2025-01-30T00:00:00","slug":"indias-everest-kanto-cylinder-to-establish-egypts-first-cng-cylinder-manufacturing-plant","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/01\/30\/indias-everest-kanto-cylinder-to-establish-egypts-first-cng-cylinder-manufacturing-plant\/","title":{"rendered":"India\u2019s Everest Kanto Cylinder to establish Egypt\u2019s first CNG cylinder manufacturing plant"},"content":{"rendered":"

Our reliance on imported CNG cylinders may soon be coming to an end<\/strong>, with the Egyptian arm of India\u2019s Everest Kanto Cylinder<\/a> working on establishing the country \u2014 and also continent\u2019s \u2014 first factory producing compressed natural gas (CNG) cylinders, according to a statement (pdf)<\/a> from financial backer National Bank of Egypt. The factory planned for the Suez Canal Economic Zone will produce a range of cylinders, including those for vehicles, medical uses, and various industrial and energy uses. <\/p>\n

(Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n

The project is being backed by a EGP 954 mn loan from the National Bank of Egypt<\/strong>, who say that the project will help support nation-wide localization efforts, cut down imports, and bolster energy security<\/p>\n

The facility should also end up being a big help to the government\u2019s efforts to convert <\/strong>cars to run on natural gas<\/strong>, especially with a recent pledge from the Finance Ministry that it will soon cover 70% of the conversion cost<\/a>, which current stands at roughly EGP 17-17.5k using an imported cylinder. The government has given itself a target<\/a> of converting 1.5 mn cars to run on natural gas.<\/p>\n

Production is expected to kick off at the end of the year<\/strong>, with 60% of production going towards meeting local demand and 40% being earmarked for export.<\/p>\n","protected":false},"excerpt":{"rendered":"

Production is expected to begin at the end of 2025, with 60% of production meeting local demand and 40% being earmarked for export<\/p>\n","protected":false},"author":1,"featured_media":659648,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[7207],"tags":[93,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-659647","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","tag-energy","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"5dcb11c9-cdc1-4c0e-a0b3-edadcdee1539","order":"10","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/1\/2256.jpg","photo_position":"above","homepage_title":"","full_issue_title":"India\u2019s Everest Kanto Cylinder to establish Egypt\u2019s first CNG cylinder manufacturing plant","related_issue":[659629],"teaser":"Production is expected to begin at the end of 2025, with 60% of production meeting local demand and 40% being earmarked for export","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/1\/.412d7d2c-a33d-4873-9b2a-2c023fd391a5.mp3"},"yoast_head":"\nIndia\u2019s Everest Kanto Cylinder to establish Egypt\u2019s first CNG cylinder manufacturing plant - 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The project will reportedly be initiated in\u2026","rel":"","context":"In "Manufacturing"","block_context":{"text":"Manufacturing","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/manufacturing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":544750,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/20\/butane-gas-cylinders-just-got-more-expensive\/","url_meta":{"origin":659647,"position":1},"title":"Butane gas cylinders just got more expensive","author":"enterpriseam admin","date":"20 March 2022","format":false,"excerpt":"Global price hikes hit gas cylinders here at home: The government has hiked butane gas cylinder prices by 7.1%, reaching EGP 75 for household cylinders (from EGP 70) and EGP 150 (from EGP 140) for commercial use, according to a directive published in the Official Gazette (pdf). This comes on\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":553447,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/05\/butane-gas-for-home-use-rises-in-price-nearly-8\/","url_meta":{"origin":659647,"position":2},"title":"Butane gas for home use rises in price nearly 8%","author":"enterpriseam admin","date":"5 December 2021","format":false,"excerpt":"Gas cylinders just got a little pricier: The Oil Ministry hiked butane gas cylinder prices by 7.7%, reaching EGP 70 for household cylinders (from EGP 65) and EGP 140 (from EGP 130) for commercial consumption, Al Masry Al Youm reports, citing an unnamed source. The price hike, which came into\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":677448,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/09\/03\/powering-progress-everywhere-you-go\/","url_meta":{"origin":659647,"position":3},"title":"Powering progress, everywhere you go","author":"enterpriseam admin","date":"3 September 2025","format":false,"excerpt":"While TAQA Arabia\u2019s portfolio is diverse, its strategy is focused on integrating traditional and clean energy solutions","rel":"","context":"In "A MESSAGE FROM TAQA ARABIA"","block_context":{"text":"A MESSAGE FROM TAQA ARABIA","link":"https:\/\/enterpriseam.com\/egypt\/category\/a-message-from-taqa-arabia\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/9\/235.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":624776,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/18\/gastec-eni-sign-agreement-to-establish-first-cng-and-gasoline-fueling-station\/","url_meta":{"origin":659647,"position":4},"title":"Gastec, Eni sign agreement to establish first CNG and gasoline fueling station","author":"enterpriseam admin","date":"18 September 2018","format":false,"excerpt":"Gastec and Italy\u2019s Eni signed an agreement yesterday that will see them establish Egypt\u2019s first integrated fueling station, which offers both compressed natural gas and gasoline, according to an Oil Ministry statement picked up by Youm7. Details on the timeline and cost of the project were not disclosed, but Gastec\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":609872,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/11\/12\/taqa-arabia-launches-tanzanias-first-cng-station-plus-news-from-capricorn-energy-neric-samcrete-cashcall\/","url_meta":{"origin":659647,"position":5},"title":"TAQA Arabia launches Tanzania\u2019s first CNG station. 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