Shareholders

The Egyptian Natural Gas Company (GASCO) was established in March 1997 Pursuant to investment law no. 230 of 1989 amended by law no. 8 of 1997 and since that date GASCO started practicing its activities in the field of transporting, distributing, supplying, and processing of natural gas. GASCO is managing, operating and developing the Egyptian National natural gas grid & its natural gas derivatives recovery plants.

bp takes pride in its long-standing history in Egypt. Having operated successfully in Egypt for almost 60 years, investing more than $35 billion during that time, we have become a major pillar of the country’s energy industry

Together with our partners, bp currently produces around 60% of Egypt’s gas through a joint ‎venture with the Pharaonic Petroleum Company (PhPC) and Petrobel (IEOC JV) in the East Nile ‎Delta as well as through bp’s operated West Nile Delta (WND) gas development

Eni is an integrated energy company with a high technological content engaged along the entire value chain from the exploration, development following a consolidated path towards the energy transition with solid actions to achieve carbon neutrality by 2050.

Eni present in Egypt since 1954, active in the development and production of hydrocarbons, the implementation of gas projects, and participate in the Damietta natural gas liquefaction plant.