Friday, 22 September 2023 08:44 GMT

Egypt: executive regulations for gas imports issued

(MENAFN) Egyptian Prime Minister's office has declared the country to provide the private sector with the option to directly import natural gas in an issued executive policy.

Parliament has approved of a law in 2017, creating a gas regulatory authority that aims to drive growth in the private sector.

The law was finally set in motion on Tuesday when the issue of the executive regulations took place.

Egypt has affirmed its objective of turning into a regional attraction for liquefied natural gas (LNG) trade.


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.