Arab Finance: National Gas Company (NATGAS), a subsidiary of Valmore Holding, has begun expanding into the New 6th of October Industrial Zone, developing natural gas distribution infrastructure to serve industrial facilities in the area, as per an emailed press release.

The project covers the engineering, procurement, and construction (EPC) of the main natural gas distribution network, as well as its operation and maintenance and the implementation of internal customer connections across the zone.

The company will also provide round-the-clock emergency response services to support the safety and continuity of natural gas supplies to connected facilities.

The New 6th of October Industrial Zone spans about 16 million square meters and includes seven industrial developers and 269 investors, according to the statement.

The expansion is part of its strategy to increase its presence in industrial and commercial areas and expand its portfolio of industrial and commercial customers.

The zone is located near the existing 6th of October Industrial Zone and extends along Al Wahat Road, with links to major highways, ports and industrial areas, including the Fayoum Industrial Zone, the 6th of October dry port, the ports of Alexandria and Sokhna, the Middle Ring Road, and the Dabaa and Central axes.

Commenting on the expansion, Mahmoud Hassan, Vice Chairman and CEO of NATGAS, said: “Our expansion into the New 6th of October Industrial Zone is part of NATGAS’ strategy to expand into promising industrial areas and strengthen its role in developing energy infrastructure. The readiness of natural gas supplies is essential to supporting the efficiency and continuity of industrial operations.”

Jon Rokk, CEO of Valmore Holding, commented: “NATGAS’ expansion into the New 6th of October Industrial Zone reflects this approach, combining the company’s operational expertise, the development of essential energy infrastructure that supports industrial activity, and the pursuit of promising growth opportunities that strengthen NATGAS’ position and support the growth of its business over the long term.”

NATGAS was established in 1998 and operates under concession agreements with the Egyptian government as part of the NatEnergy Group. It serves customers in densely populated areas including Cairo, Giza, Alexandria, and Beheira.

The company operates 25 pressure reduction stations, with capacities ranging from 5,000 to 150,000 cubic meters per hour, and supplies about 900 industrial customers, more than 12,000 commercial customers, and over 2 million residential customers, according to the statement.