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07/02/2013
In the context of the Company’s policy of expansion in providing the NGV service for the largest sector of customers in all the governorates connected to the national gas network, the Company set a business plan including operating 11 stations and 3 conversion centers during year 2013.
In January, the Company inaugurated El Sadat station in Menoufya Governorate, which is the first CNG fueling station in El Sadat City, with a space of 2500 m2; the subject station works at a capacity of 600 m3/hour and includes 4 fueling points. It’s to be noted yet that this station attained sales of 290000 m3 since its operation till end of March 2013.
Additionally, the Company inaugurated Port Fouad station in February, within the premises of Misr Petroleum’s Port Fouad El Basha station in Al Amal Buildings, with a space of 290 m2; the subject station works at a capacity of 900 m3/hour and includes 4 fueling points. It’s to be noted yet that this station attained sales of 321000 m3 since its operation till end of March 2013.
Accordingly, the Company’s total number of stations became 71 stations and 29 conversion centers, which participated helping the Company maintain the highest expansion rate among all the NGV companies.
It’s also noteworthy that the Company has finalized the construction and mechanical works of 4 stations: Mansoura 4, El Arish, El Trolly and the CTA’s station in Port Said St. Garage; the subject stations will be operated during the upcoming weeks.
It’s remarked yet that the Company attained a conversion rate of 2906 vehicles during the first quarter of year 2013 at a ratio of 54.2% of the total market, which is the highest market share among the NGV companies, at 145% of the targeted plan of converted vehicles for the first quarter of year 2013.
Moreover, the Company attained gas sales of 62.789 million m3 during the first quarter of year 2013, which is the highest rate of total sales, with a market share of 50.2% of the total market compared to the other NGV companies, and at 97% of the targeted plan of gas sales for the first quarter of year 2013
 
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