el fayoum Gas Pipeline - European Investment Bank

El Sadat – El Faium Gas Pipeline
Environmental Impact Assessment
OHSAS 18001
1-Introduction
1.1 Section 1: Natural Gas Option in Egypt
In a country where is abundant, affordable and the cleanest of fossil fuels, it is
increasingly becoming the fuel of choice, gas is gaining tremendous momentum as a core
item in our strategy accounting for more than 50 % of Egyptian hydrocarbon . Demand
on gas is soaring like never before as many industries are shifting to gas better
performance, substantial savings and environmental compliance
The ministry of petroleum is the utilization of gas in all sectors with the implementation
of major gas projects covering discovery , delivery and triggering untapped potential
urging and encouraging the use of natural gas serving different industries ( power
generation sector, fertilizer sector, iron and steel, domestic & CNG, industrial cities)
while satisfying the local market requirements of natural gas as a fuel, a feedstock for the
petrochemical industry, while liquid fuels by natural gas and opening new market for
Egyptian natural gas.
The process of maximizing natural gas utilization in Egypt is witnessing outstanding
development, rapid progress and foreign investment as a strategic axe through increasing
the value added to petroleum products to achieve self-sufficiency of LPG and gas
derivatives used as feedstock for the petrochemicals.
The global energy industry focuses increasingly on the exploration and development of
natural gas. The development of the know how and the utilization of interactive
technology have completely reshaped oil and gas exploration in EGYPT leading to the
discovery of a host of new gas fields in the Mediterranean especially the deep waters gas
discoveries and the western desert.
We focus increasingly on new technologies for the conservation of gas into marketable
products. in response to the energy market change, GASCO has been very keen to play a
key role in the gas processing in a bid to achieving self sufficiency of LPG and other gas
valuable components and derivatives either as feed stocks for the petrochemical industry
or as an export option stimulating a wave of national or international projects, adding new
dimensions to the gas industry and giving rise to the establishment or the development of
the petrochemical projects in EGYPT. It is a step forward towards achieving integration
between all companies working in the gas business
November 2009
1
Egyptian Natural Gas Co. (GASCO)