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Egyptian Gas Market
Overview
Egypt is undergoing a major transformation of its economy in general and its energy sector in particular. Due to the dominant position of natural gas in the country’s energy scene, key changes are taking place in the natural gas subsector, which significantly effect on other energy subsectors, especially power, as well as on other segments of Egypt’s economy.
THE EGYPTIAN GAS MARKET
history of natural gas in egypt
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Gas Market Law
In 2014, the government of Egypt launched the formulation of a long-term ‘Egypt Vision 2030’. The second pillar of this vision is dedicated to the energy sector and outlines the country’s ‘Strategic Objectives for Energy to 2030.
Law No. 196, for the regulation of the gas market activities (the “Gas Law” or “Law”) was put into entry on the 2nd of August, 2017. Its Executive Regulations were published on the 14thof February 2018 in order to Transparent and non-discriminatory access to Egypt’s gas transmission system is open to all companies
GASCO Licenses
As the License is the legal document issued by The Gas Regulator and by which an entity can practice any of the gas market activities GASCO got three licenses
Transmission System Operator (TSO) License:
To be capable of managing & operating gas transmission system and to convey and dispatch gas through the national Transmission Network.
Distribution System Operator (DSO) License:
To be capable of managing & operating gas distribution system networks in accordance with the related concession agreement and allows to convey gas through a system of distribution pipes to any premises within an area authorized.
Supplier:
To be capable to Supply and sell own gas or gas owned by others to eligible consumers.
Shipper Journey
Become a transmission shipper at Gasco you have to:
Be entitled to request capacity as a shipper on Egypt Gas Transmission network, you must have the needed supporting documents first through The Egyptian gas regulatory authority “Gas Reg” through https://www.gasreg.org.eg/procedures/
Booking process
- Contact Gasco Gas Market Activities Affairs General department via e-mail and/or fax to gmaa@gasco.com.eg to fulfill all the required documents needed before the booking process
- Shipper to view network available capacity through GASCO website portal www.gasco.com.eg
- Fill in capacity booking forms published
- Request of the annual capacity at the entry and exit points that will be sent directly to Gas Market Activities Affairs General department via e-mail and/or fax to gmaa@gasco.com.eg
- In case of capacity availability and approval to assign capacity to the requesting shipper, accept the transportation contract terms and signed the contract
- Meet the requested Guarantees
- Apply the Nomination asper the work flow procedures
Empowering you
- Transmission Network Code
- Transportation/
Transmission Contract Template
- Transmission Tariff
- Network Development Plan (NDP)
- Available Capacity Map Remained capacities of entry/exit areas
“The Egyptian Natural GASCO……Follow our Stream”