In March 2007 EK holding co. and SHELL Gas BV made a sell down agreement to the favor of EK Holding who accordingly has transferred the management of FGC to NATGAS.
Fayum Gas Company has signed its concession agreement in 2001 on BOT basis , with a scope of constructing 72 km of 16"/12" steel P/L, 70 bar, from Dahshur off-take up to Fayum city, also the installation of 2 Pressure Reduction Station feeding Kom Aushim Industrial Area (70km south of Cairo) & in Fayum City (100 km south Cairo).
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