The Egyptian Natural Gas Distribution Company for Cities (Town Gas) has signed contracts for the local manufacturing of natural gas pressure reduction stations and for distributing natural gas to homes and other facilities in Romania. This signing took place during the activities of the Egyptian-Romanian Joint Committee and the Business Forum in Bucharest. Town Gas has been officially certified by the Romanian Energy Regulatory Authority (ANRE) as the first Egyptian company to carry out natural gas distribution projects in Europe.

The signing ceremony was attended by Dr. Rania Al-Mashat, Minister of Planning and Economic Development, and Stefan Radu, Romanian Minister of Economy and Tourism. Eng. Yass Mohamed, CEO of the Egyptian Natural Gas Holding Company (EGAS), attended on behalf of Eng. Kareem Badawy, Minister of Petroleum and Mineral Resources.

The contracts were signed by Eng. Mohamed Fathy, Chairman of Town Gas, and Sebastian Caloger, CEO of CIS Gas Romania.

The Egyptian-Romanian Joint Committee for Economic Cooperation, in which Eng. Yass Mohamed represented the Egyptian side, highlighted the evolving partnership between Egypt and Romania in the natural gas sector. During the Business Forum, held at the Chamber of Commerce in Bucharest, Eng. Yass Mohamed emphasized the significant progress made in collaboration with Romanian partners such as Transgaz and CIS Gas, stressing that these partnerships have developed into strategic alliances based on the expertise and skilled workforce of Egyptian gas distribution companies.