Badawy added during the General Assembly of the Egyptian International Gas Technology Company (Gastec) to discuss and approve the results of the company’s work for the year 2024 that the Ministry provides all means of support to empower women and activate their role in all fields of petroleum work. He directed the necessity of examining the possibility of expanding the establishment of joint stations between Gastec and Eni by identifying the best locations for expanding the activity.
He praised the integration of training programs for converting
vehicles to operate on compressed natural gas into the programs of the Zohr
School of Applied Technology.
Engineer Abdel Fattah Farahat, Chairman of Gastec, reviewed the
company's key business results for 2024, explaining that the network of natural
gas fueling stations is being strengthened by operating several stations
bearing the company's brand name, in addition to developing and increasing the
operational capacity of several existing stations. He also noted the
establishment of two integrated natural gas and liquid fueling stations
(Gastec-Eni).
He pointed out that natural gas sales for vehicles increased by 107%
over the previous year, with more than 20,000 vehicles converted to run on
natural gas. The conversion activity has witnessed increasing demand from many
companies and entities, and the company has already inspected several vehicles
for conversion to natural gas.
The percentage of increase in liquid fuel sales reached 130%
compared to last year, which reflects the continued success and increased
growth in the company’s performance in this vital activity. The percentage of
increase in oil sales reached 195% compared to last year.
Farahat announced the signing of contracts and the launch of two
commercial projects: the Piazza Grande Golf Tunnel project and the La Perla
Zagazig project. Both projects include the construction of integrated gas
stations and commercial, service, and entertainment facilities, which will
enhance the company's investment returns.
Gastec also continued its efforts to supply natural gas to touristic
and industrial areas and facilities located far from the natural gas network.
An alternative solution to traditional pressure reduction units was developed:
a compressed natural gas reduction system via an expansion tank. This system
aims to utilize locally available resources and collect the gas according to
international Egyptian standards. The alternative system features automatic and
remote control of the system compared to the traditional system.
To reduce energy consumption, lighting systems in stations and administrative buildings were replaced with energy-saving systems, solar energy projects were implemented in the company's stations, and natural gas was used for cooling and heating in the main headquarters, resulting in 12.8% energy savings for administrative buildings.