Policy & Regulation

Gas liberalisation prompts Cairo to look at UGS

As Egypt liberalises its gas sector, grid operator GASCO is seeing a growing need for storage facilities As Egypt liberalises its gas sector, grid operator GASCO is seeing a growing need for storage facilities.
By Verity Ratcliffe 23 April 2018 0 30543
The gas regulator station in Beni Suef, Egypt The gas regulator station in Beni Suef, Egypt. (PA)

The liberalisation of Egypt’s gas sector has prompted national grid operator Egyptian Natural Gas Co. (GASCO) to look at ways to improve its infrastructure, including via underground gas storage. 

Cairo’s creation of a new gas regulator, GASREG, means private parties will soon be able to trade gas and use state gas infrastructure to transport it in exchange for a tolling fee.

The need for gas storage facilities in Egypt is growing, Yasseen Mohamed, engineering & network analysis general manager at GASCO, told Interfax Natural Gas Daily last...