Monday, 27 August 2018
14 unnamed private Egyptian companies have submitted requests to the Natural Gas Regulatory Authority for licenses for the local distribution of natural gas, a source from the regulator said.
Another two private companies are expected to submit their own requests within the next week, according to the source.
The authority had set earlier this month the fees that private sector players will be required to pay to use the state’s national grid to transport gas, in addition to the fees for different types of permits and licenses.
Sunday, 5 August 2018
The Natural Gas Regulatory Authority set on Thursday the fee that private sector players will have to pay to use the state’s national grid to transport gas at USD 0.38 / MMBtu, according to its official website. The rate applies for the first year of the program, suggesting a revision could be in the works after the initial trial period. License fees will be calculated based on the amount of gas transferred and can be settled in EGP. The regulator will be issuing permits for different types of commercial gas market activities, including grid operations and maintenance, supply, distribution, and shipping, with different fees set for each type as follows:
- USD 0.57/MMBtu for transmission licenses;
- USD 0.31/MMBtu for shipping licenses;
- USD 0.23/MMBtu for distribution licenses;
- USD 0.08/MMBtu for supply licenses.
Permit requests must be processed within 10 working days of application and any additional documents required by the regulator must also be submitted within 10 working days. The regulator will then have 45 days to approve or deny the request and fees must be deposited within seven days of that date.
06 December 2016 09:50By Aura Sabadus
Board members at Turkey’s largest natural gas importer Akfel, a company partly owned by Gazprom, were removed on Friday, placing the firm under the control of a new administration, sources close to the matter told ICIS.
The development raises concerns regarding the future of Turkey’s private gas sector, as the company had been at the forefront of private enterprise in the sector.
There are no official details as yet regarding the change.
