“We are close, very close,” to a deal,” said ambassador of Greece to Egypt Nikoaos Garilidis.
In a statement on Thursday, Molla said that the natural gas has been extended for first time to villages and cities in Upper Egypt and densely populated districts.
Through an inventory conducted in coordination with the Ministry of Interior, there are 1.8 million vehicles considered under the initiative, which is set to be implemented over the course of two to five years.
"We have the right, as a country, to license gas-powered cars only and to stop licensing new cars that run on gasoline," He added.
The EGAS, in a statement issued on Saturday, said a settlement agreement and another framework agreement signed with ENI, Naturgy, Union Venusa Gas and the Spanish Egyptian Natural Gas Company (Cigas) were canceled.
Egypt has become a natural gas exporter in the final quarter of 2018, the ministry underscored.
The Petroleum Ministry, in a statement Wednesday, said it would make the announcement during an Eastern Mediterranean Gas Forum, set for Cairo on Thursday.
This came on Tuesday during Shaarawy's meeting with a delegation from the Chinese company Yutong which is specialized in manufacturing electric and natural gas-powered buses.
Cairo launched Tuesday a trial operation of its first electric bus, as a prelude to deploy more buses into service at the public transport sector, along with natural-gas powered buses in the governorate.
This took place during his meeting with Norwegian Ambassador here Lena Natasha Lind.
The insurance will enable Noble Energy Inc. of Houston, Texas to restore the 90-kilometer EMG Pipeline running from the coastal city of Ashkelon, Israel and under the Mediterranean Sea to its destination in Al-Arish, Egypt.
Egypt and Toyota Tsusho discussed on Sunday how the giant Japanese company can contribute to the government’s plans to manufacturing natural gas-powered microbuses.
This decision falls within the framework of the economic, environmental, political and social changes in the local market and as per the provisions of Law no. (196/2017) for the Regulation of Gas Market Activities.
ETreveals the most important figures that drew the map of natural gas activity during the last period.
Toyota Tsusho Corporation made $1 billion worth investments in Egypt during past 10 years, and sees automobile market thriving in the North African country.
The meetings touched on means of boosting Egypt-Cyprus cooperation in the military field.
The MoU included exchanging expertise and technologies in addition to cooperation and investment in manufacturing petroleum and natural gas.
Petroleum Sector will complete linking well number 13 of Zohr gas field toproduction by the end of September, an official source at the sector said.
Saad said that there are 240,000 vehicles - buses, minibuses and microbuses that use diesel fuel.
The minister said that the current production of Zohr field represents eight times the production of about 2 years of the first field production in December 2017.