manufacturers

  • EGAS Refused to Drop Gas Selling Price

    EGAS Refused to Drop Gas Selling Price

    Wednesday, 17th August 2016
    The Egyptian Natural Gas Holding Company (EGAS) stated that the current cost of suppling gas to the industrial market averages $7 per unit, and as a result EGAS is unable to recover its cost of production and importation. Therefore the company cannot endorse any reduction to selling prices or amend contracts with manufactures to USD instead of EGP
  • Industry to Issue New Operating Licenses amidst Energy Crisis

    Industry to Issue New Operating Licenses amidst Energy Crisis

    Monday, 6th April 2015
    The Ministry of Industry and Foreign Trade announced yesterday that it is working on new regulations for issuance of operating licenses for the steel and cement industries.