Recently, the Minister of Petroleum took a decision to return installments for installing natural gas to homes, and this decision received many positive reactions on social media sites, because it gives a great opportunity for low-income people to benefit from the home gas delivery service.
The installment payment period has become 84 months without interest or a financial advance that you must pay when applying for a gas connection. This means that every owner of a residential unit will be able to benefit from this service without paying an advance at the time the service begins.
I wonder who are the beneficiaries of gas delivery in installments?
According to the Ministry of Petroleum, the categories allowed to benefit from this service must be residents of an area subject to a project or a work area to which gas will be delivered for the first time. In this case, natural gas will be delivered in installments for 7 years without down payment or interest, and the installment value will also be calculated. On the monthly bill.
For this reason, the Ministry of Petroleum allows a system of installments for the costs of delivering natural gas to entire areas, not one unit individually, whether in the delivery areas or also the villages affiliated with the presidential initiative “Decent Life.”
The Ministry of Petroleum is moving toward restoring installments for natural gas service at this time, with the aim of increasing the number of units being converted to natural gas, and this is in order to save the state money that is spent on stove pipes, which costs the state a lot of money.
Also, the Ministry of Petroleum confirmed that there are units to which the installment system does not apply, because it applies to the project system
However, there are some people who live in the areas where gas entered, who had not previously provided natural gas to their units. In some countries, the decision does not apply to them, because it applies to areas where gas has been introduced completely for the first time, not a single residential unit, in an area where gas has been connected. She has before, which is called “customer service”.
We come to the cost of delivering natural gas to homes. The total cost amounts to 16 thousand pounds, and what the citizen bears is 5,200 pounds, and the rest is borne by the Egyptian Natural Gas Holding Company.
The Ministry of Petroleum said that the cost of delivering natural gas to homes will be paid in installments over 7 years, at a rate of 62 pounds per month. Indeed, all gas companies have been notified of the decision and it will be implemented immediately during the next two months.
Also, the Ministry of Petroleum has contracted with a number of banks to collect through them, and this is because delivering gas is a strategic goal for the government now.