Egypt’s Gov't Agrees of Re-Pricing Natural Gas Used in Some Industries

Source: www.gulfoilandgas.com 10/4/2019, Location: Africa

Prime Minister Mostafa Madbouli said that the cabinet approved recommendations of the ministerial committee on the re-pricing of natural gas used in various industries.

This decision falls within the framework of the economic, environmental, political and social changes in the local market and as per the provisions of Law no. (196/2017) for the Regulation of Gas Market Activities.

In statements on Thursday, the cabinet said that it approved the new pricing at 6 dollars per one million BTU for the cement industry and 5.5 dollars per one million BTU for iron, steel, aluminum, copper, ceramics and porcelain industries.

For more information about related Opportunities and Key Players visit Egypt Oil and Gas Projects


Netherlands/Holland >>  8/1/2022 - Gasunie subsidiary EemsEnergyTerminal has sold the remaining capacity of the LNG terminal in Eemshaven to ENGIE SA who purchased the last 1 billion cu...
Russia >>  7/29/2022 - In the course of its business, the JSC “Latvijas Gaze” purchases natural gas from other suppliers, paying in the EUR currency as required under the re...

United States >>  7/27/2022 - NextDecade Corporation (“NextDecade”) announced the execution of a 20-year sale and purchase agreement (“SPA”) with ExxonMobil LNG Asia Pacific (“EMLA...
India >>  7/26/2022 - Cheniere Energy, Inc. announced that its wholly-owned subsidiary, Corpus Christi Liquefaction, LLC (“CCL”) has entered into a long-term liquefied natu...

Russia >>  7/22/2022 - The volume of total cargo throughput in the port of Rotterdam was 0.8% higher in the first half of the year (233.5 million tonnes) than in the same pe...
China >>  7/20/2022 - A long-term liquefied natural gas ("LNG") sale and purchase agreement ("SPA") has been signed between Cheniere Energy, Inc. ("Cheniere") (LNG) and a s...

Related Categories: Coal  Electricity  General  Natural Gas  Oil 

Related Articles: Coal  Electricity  General  Natural Gas  Oil 


Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.