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Compressed Natural Gas Project (CNG)

IZDEHAR | Palestine Prosperity Investment & Development|2025-01-29 15:14:39

Project Overview


  •  The project aims to initially supply compressed natural gas (CNG) to meet local energy needs.
  •  Aims to enhance competitiveness and offers a cost-effective alternative to non-renewable energy sources.
  •  Reduces environmental impact while ensuring a stable energy supply.


Impact


  •  20 Direct Jobs and many Indirect Jobs.
  •  NG offers a 54% cost reduction (2,000 shekels per ton).
  •  Safe, clean, affordable, and reliable energy source.
  •  Enhancing efficiency of industrial facilities by lowering production costs.


Highlights


kjlkjkl 200 tons/day.
Investment: $3.5 million.
Strategic partners: Al-Haddad Steel CO & United Steel Company.
IRR: 33%.