National Gas

One of the largest projects incubated by the company was the Natural Gas Distribution Network in the areas of Eastern Delta, in particular at El Sharkia Governorate & 10Th of Ramadan City.
This project took more than two years of technical, financial studies & negotiations with the Government of Egypt represented by the Egyptian General Petroleum Corporation called “EGPC“, and ended up at 26/5/1998 by establishing a Joint Stock Company “with a paid capital right now” of 50 Million Egyptian Pounds, called “NATIONAL GAS” to sign the contract with EGPC.
According to this agreement National Gas Company is financing, studying, designing, supplying, constructing, managing, operating and maintaining the gas networks and connections of residential, commercial and industrial units, and power stations with a total investment of more than 500 Million Egyptian Pounds. The project period is seven years & is being executed in four phases.
The owners of MEPD “ Mr. Essam Kafafi – The President” & “ Mr. Ahmed Kafafi – The Vice President “ owned during the establishment 15% of National Gas Company shares & were heavily involved from the beginning since it was incubated, during the establishment, during contracts signature with EGPC, Suppliers, EPC contractor, Subcontractors, Foreign & Local banks. This in brief means, our involvement is from A to Z, “From scratch idea to Giant Project”.