The executive regulations of the Natural Gas Act should be ready by early October, an EGAS official tells Al Shorouk.
The source expects the new natural gas industry regulator would be set up before the end of the year — and that the first license to import gas privately should be issued in 1H2018.
As we noted last week, EGAS had reportedly approved natural gas import licenses on Wednesday for the three private companies:
- Fleet Energy,
- BB Energy, and
- Qalaa Holding’s TAQA Arabia.
