The Gas Market Activities Regulatory Authority aims to follow a flexible and diversified strategy that allows it to use its competencies and roles in accordance with the law to work towards achieving a set of goals, including the success of the Egyptian state’s strategy of transforming Egypt into a regional center for energy trading (natural gas), where the role of the Gas Market Regulatory Authority is considered one of the main supporting factors. This comes in terms of its role in motivating international companies and the private sector to participate and invest in various market activities after organizing them, controlling relations between its parties, disseminating the principles of competitiveness and addressing financial problems and obstacles that the market suffers from, which leads to enhancing investment opportunities in logistics services in a way. Directly and in the field of research and exploration indirectly. The following are the main roles of the Agency, which are as follows:
1- Regulating the relations between market participants in accordance with the provisions of laws, decisions and regulations.
2- Granting, amending, renewing, suspending and canceling gas market activities licenses and determining the general principles to be adhered to.
3- Approving the codes for using networks and facilities after consulting with their operators.
4- Approving the gas transportation codes in any other way and setting the mechanisms for calculating its usage tariff.
5- Preparing rules allowing licensees to use networks and facilities without discrimination.
6- Reviewing investment plans for networks and facilities.
7- Establishing mechanisms for calculating the tariff for the use of networks and facilities and monitoring their application, in a manner that takes into account the interests of all.
8- Approving the contract controls for the activities of transporting, distributing and storing gas, regasification, and gas delivery contracts to consumers.
9- Follow-up and monitor the licensed parties in their gas market activities to assess their performance on a regular basis.
10- Establishing the necessary controls for the multiplicity of activities on the part of the licensed entities that ensure legitimate competition.
11- Examining documents and information related to gas market activities, and developing mechanisms to ensure accuracy and health.
12- Preparing technical studies and proposing a price for selling gas to non-qualified consumers in a framework of justice and transparency.
13- Propose criteria for identifying eligible consumers.
14- Examine the complaints submitted to the Agency by market participants and work to resolve them in accordance with the Executive Regulations.
15- Making information, reports and recommendations available to gas market participants to know their rights and obligations.
16- Providing technical consultancy services and recommendations related to the gas market.
17- Ensuring that the gas market operates in a transparent and competitive manner, taking into account the interests of all participants.
18- Participate in preparing proposals for laws and decisions related to market activities to ensure their consistency with the objectives of the organization.
19. Determine the alternative resource.
20- Develop a model indicative contract for selling gas to qualified consumers and update it whenever the need arises.
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