About The Company

Who are we

The Modern Gas Company - Modern Gas is one of the companies in the Egyptian petroleum sector, founded in July 2021 by the merger decision of Gas Regions Company (Regas), Cairo Gas, and Sinai Gas.

As part of the structural reform program for the petroleum sector, which aims to review the roles and responsibilities of various entities in the petroleum sector, update and develop the organizational structure, and improve the governance systems and standards of companies, the petroleum sector announced the completion of the merger of the Regional Gas Company, Cairo Gas Company, and Sinai Gas Company officially under the name of the Modern Natural Gas Company. It will serve as an independent legal entity with diverse assets, adopting a strong and flexible business portfolio, built on a solid foundation, and with a confident vision under the leadership of His Excellency Engineer Tarek El Molla, Minister of Petroleum and Mineral Resources.

The Modern Natural Gas Company seeks to achieve the state's expansion plan in spreading the natural gas service throughout the Republic, focusing on building a strong public budget, improving financial performance, and maximizing value-added for both customers and shareholders. Additionally, it aims to capture the largest possible market share in the local and regional markets to solidify its position and join the ranks of major natural gas companies.

The company believes that human resources are its most important asset, characterized by a high degree of efficiency, integration, and professionalism. We instill in these talents the values ​​of the Modern Company recently announced, which include principles of organized teamwork, operational excellence, customer satisfaction, quality, leadership, ambition, responsibility, and the sense of ownership of the company. Additionally, we focus on building training capabilities and specialized technical teams, and activating corporate development systems to provide opportunities for achieving the Modern Company's interim goals in financial and operational performance in the coming periods.

Modern Gas Achievements

The General Assembly 2022 of Modern Gas Company

1

Natural gas delivery

Modern Gas has worked on connecting natural gas to 9 governorates, namely: Sohag, Qena, Al-Sharqia, Al-Qalyubia, Cairo, Marsa Matrouh, South Sinai, North Sinai, and Ismailia.

2

The contracts

The volume of contracts for residential customers during the year reached about 211,000 contracts through 31 customer service offices in 9 governorates where the company operates, in addition to 19 industrial clients in Badr City and the Tenth of Ramadan. Additionally, there were 109 contracts for gas stations.

3

National projects

Modern Gas contributed to the implementation of national projects such as New Alamein City and the New Administrative Capital, as well as participating in the implementation of the presidential initiative Decent Life by providing natural gas to the governorates of Qena, Sohag, and Al-Sharqia. Gas works started in 36 villages, connecting services to 351,98 subscribers, in addition to connecting natural gas to subsidized municipal bakeries, where all bakeries in the company's working areas, totaling 713 bakeries, were connected. Also, natural gas was supplied to car refueling stations, with gas being provided to 69 stations in various working areas of the company.

The main works and results of Modern Gas Company

The company contributes to the implementation of the Ministry of Petroleum and Mineral Resources' plan to connect natural gas to 1.2 million housing units annually nationwide as part of the national project to supply natural gas to homes.

In addition to its contribution to the natural gas connection projects for villages as part of the national project for the development of the Egyptian countryside, Decent Life.