The Egyptian Worldwide Gasoline Know-how Firm (Gastec) recorded pure gasoline gross sales of roughly 664 million cubic meters (mmcm) throughout fiscal yr (FY) 2025, reaching the very best market share in Egypt at 45%. Mohamed Elniel, the corporate’s Chairman, reported the figures in the course of the Normal Meeting convened to approve the corporate’s outcomes for the fiscal yr.
Gastec achieved the very best day by day gross sales charge out there, exceeding 2.2 mmcm, which introduced cumulative pure gasoline gross sales for the reason that firm’s inception to six.6 billion cubic meters (bcm). Moreover, liquid gasoline gross sales reached 172.6 million liters, representing an 8% enhance in comparison with the earlier yr.
Elniel confirmed Gastec’s success in elevating the quantity of ongoing funding tasks to EGP 1.9 billion as a part of its strategic enlargement. This was achieved by way of the operation of 14 new pure gasoline fueling stations and the enlargement of eight present services. The corporate’s community now totals 302 stations and 384 compressors throughout 26 governorates, together with 17 built-in stations offering each pure gasoline and liquid gasoline.
Relating to automobile conversion to compressed pure gasoline (CNG), the corporate transformed roughly 27,000 vehicles in the course of the yr, securing a 43% market share. This elevated the entire variety of vehicles transformed by Gastec since its launch to 295,000, sustaining a cumulative market share of 46%.
Elniel revealed a technical breakthrough applied for the primary time in Egypt: the conversion of a heavy transport truck from liquefied pure gasoline (LNG) to CNG. The innovation maintains excessive operational effectivity and efficiency ranges whereas complying with Euro 6 emission requirements. Moreover, the corporate transformed 230 diesel-powered autos to run on CNG utilizing superior applied sciences.
On the worldwide entrance, Gastec is collaborating with Egypt Gasoline to ascertain a CNG station within the Al-Hashimiyah space of Jordan with a capability of 6.5 million cubic ft per day (mmcf/d), alongside a reception space in Mafraq. Elniel confirmed plans to copy this mannequin throughout a number of Arab nations.
To assist industrial services, the corporate developed an area gas-pressure discount system utilizing an enlargement tank. This innovation helps the localization of expertise and reduces overseas forex expenditures by way of automated and distant operations.
The assembly was attended by Salah Abdel Kerim, CEO of the Egyptian Normal Petroleum Company (EGPC), and Sayed Selim, Govt Managing Director of the Egyptian Pure Gasoline Holding Firm (EGAS), together with senior officers from the Ministry of Petroleum and Mineral Assets (MoPMR).
Gastec is a state-controlled joint-stock firm. It is without doubt one of the specialised arms of the EGAS; EGAS acts because the state’s regulator and first investor in pure gasoline actions. Gastec specializes within the institution of CNG fueling stations and automobile conversion facilities.
