The growing dependence on natural gas for residential and industrial needs, while being used as a clean fuel in power plants, has made it one the fastest-growing major fuels globally. With such relevance in today’s world, TAQA Arabia has invested heavily in its Gas Arm.
TAQA Gas is the company’s largest business unit, comprising of four distribution companies that specialize in delivering natural gas. The Arm’s focal work is to build operate and maintain substations through which it distributes gas to surrounding localities. In Egypt, the Arm specializes in gas distribution in over 11 governorates operating under four concessions.
The 4 subsidiaries under TAQA Gas handle every aspect of downstream activity, serving over 1 Million customers regionally and distributing over 5.4 billion cubic meters of gas annually, mainly to industrial users. Its total number of industrial clients has surpassed 210 customers, including local and multinational clients. With TAQA Gas as its driving force, TAQA Arabia has become one of the region’s largest and most diversified private-sector companies operating in the gas sector.
Despite the regional political and economic unrest, TAQA Gas increased its number of residential and industrial clients it serves and boosted its overall gas sales volumes. The Gas Arm contributed over 40% to gross profits in 2013, the highest percentage among the four Arms. TAQA Gas provides O&M services to more than 1 Million domestic customers and 210 industrial customers according to the highest standards and codes of practice.