gas prices
-
EFIA Proposes Applying “Gas Dollar” Mechanism
Thursday, 10th October 2019
The Egyptian Federation of Investors Associations (EFIA) will prepare a proposal for the Ministry of Finance (MoF) in order to determine gas prices for manufactures through a new mechanism namely “gas dollar” that will be like the “custom dollar” set by the MoF, EFIA’s Head of Tax and Customs Committee, Sobhi Nasr, said to Youm7 newspaper.
-
Negotiations Begin for Egyptian Energy Exchange Market
Tuesday, 7th August 2018
The Ministry of Petroleum and the Egyptian Exchange have begun negotiations regarding the creation of a natural gas exchange market.
-
Paper Manufacturing Division Seeks More Gas
Thursday, 23rd March 2017
The Paper Manufacturing Division at the Egyptian Chamber of Chemical Industries asked the Ministry of Petroleum and the Ministry of Industry to double the amount of gas pumped for paper factories without increasing prices. -
Egypt to Revoke Gas Rate Cuts or Iron, Steel
Tuesday, 29th November 2016
The Egyptian Government backed from its decision to cut the gas prices for iron and steel factories from $7 per 1m British Thermal Units (BTU) to $4.5 per 1mBTU. -
Egypt to Keep Gas Rate Cuts for Iron, Steel
Thursday, 10th November 2016
Egypt will maintain the decision to reduce gas prices for steel factories that the government had planned to apply in September 2016. -
Egypt Raised Pump Prices
Friday, 4th November 2016
The Egyptian Ministry of Petroleum increased petrol price early November in a move to alleviate fuel subsidy expenditure within the country's economic reform program. The government has implemented the new prices upon announcing the change. -
Egypt to Reduce Gas Prices for Steel Industry
Wednesday, 12th October 2016
The Egyptian Cabinethas authorized the application of reduced gas prices for the sector as of October, instead of September. -
Egypt Evaluates Gas Prices in Market Liberalization Efforts
Wednesday, 10th August 2016
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, stated that the Egyptian General Petroleum Corporation (EGPC) gives priority to reforms within the gas market in order to guarantee that energy demand is met for all the sectors of the state. -
Bahrain to Up Gas Prices With Subsidy Reforms on Other Fuels
Thursday, 2nd April 2015
Companies will pay more for gas from today (April 1), the National Oil and Gas Authority (Noga) announced yesterday. -
Iran Gas Denies Iranian Report of Underpriced UAE Gas Deal
Tuesday, 24th February 2015
National Iranian Gas Company (NIGC) has denied reports on negotiations with the United Arab Emirates’ Crescent Petroleum to revive a troubled gas export deal.
Latest News
-
Egypt Plans to Achieve Diversity in Clean Energy Resources by 2025: El Molla
-
GUPCO to Invest $562 MM in FY 2020/21
-
El Molla reviews plan of Natural Gas Delivery to 1.2 MM Households
-
Egypt Launches First Natural Gas Stations App
Subscribe to Newsletter

Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 60.81 | -0.77% |
Crude Oil (Brent) Brent | USD/bbl | 63.72 | -0.55% |
NYMEX Natural Gas | USD/MMBtu | 2.80 | -0.46% |
OPEC Basket Price | USD/bbl | 61.97 | -3.53% |
Last Modified March 4, 2021