Walid Abohatab

Head of Banking Department

assuit

Telephone: 0882347352

Mobile: 01019409980

Worked as an accountant in the Department of Financial analysis it's a Section responsible for the financial analysis of the accounts

abo hatab

Egypt Cabinet Imposes VAT on Natural Gas, No Impact on Households

It is subject to a table tax of EGP 20 per 1,000 cubic feet. This comes as part of a wider plan to increase state revenues and widen the tax base.

Egypt is also planning to strengthen cooperation with Azerbaijan and Turkey and expand its mining and energy sectors.

The government is preparing to add 1,800 megawatts of solar power to the national electricity grid in June 2026 to cut gas consumption.

Natural gas imports jumped 36% y-o-y in 1Q 2026 as the country pivots to LNG to cover domestic demand and preserve its export hub ambitions.

While the headlines surrounding the discoveries are optimistic, the bigger picture is far more complex.

Energy Events

Intersolar Europe in Munich 22.06.2026

Watrex 23.06.2026

Egypt Energy 12.10.2026

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