The Romanian company already has a collaboration agreement with EGAS, Egypt’s national company operating the country’s gas transmission network.
“Our long-term strategy has as a central pillar expanding our foothold on foreign markets, where our expertise can make the difference. Egypt has increasingly become a regional gas hub and there’s rising need to develop new energy infrastructure projects. We are glad we can develop such projects and especially that we can export not just local know-how, but also products manufactured in Romania,” says Sebastian Calugar, CIS Gas CEO.
The company is a major player on the local oil and gas market. Starting 2022, CIS Gas has also been a member of IPLOCA, the world’s largest onshore and offshore pipe construction industry.
(English version by Catalina Apostoiu)