NGVC (Natural Gas Vehicles Company) has been incorporated as the first company in Egypt to commercialize the vehicular natural gas as an alternative fuel for vehicles. The company is established as an Egyptian joint stock company in accordance with the provisions of the laws in force in the Arab Republic of Egypt and in accordance with the provisions of the Investment Law No. (95) Of 1992 and in
conformity with the company’s Articles of Associations. In January 1996, the company inaugurated the first public CNG and conversion centre in Egypt, Africa and the Middle East. The company’s authorized capital was fully paid; contributions to the total paid capital were as follows, BP-Egypt 40%, Egypt Gas 40%, and ENPPI 20%.NGVC realized a series of successes and its accomplishments were catalytic in putting Egypt as one of the top countries in that field. In 2003, NGVC added a new activity to its operations: The locally blended and imported lubricants under license and from BP.
