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Egypt’s TAQA to inaugurate new stations

Egypt’s TAQA to inaugurate new stations

ArabFinance: TAQA Arabia plans to open several natural gas fueling stations before the end of 2020, TAQA CEO Pakinam Kafafi told Al Mal News on September 16th.

Kafafi elaborated that the new developments will have a combined cost of EGP 145 million.

The new stations will bring the total number operated by TAQA Arabia to 21, the CEO added.

TAQA’s official said that the current investment volume in marketing petroleum products has exceeded EGP 335 million in value.

This comes as part of a recently-announced EGP 650 million plan to have 50 stations set up over three years, according to Enterprise.

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