Egypt Reprices Petroleum Products
This came as the pricing committee responsible for the automatic indexation mechanism decided in its quarterly meeting in December to review and reprice petroleum prices accordingly.
This came as the pricing committee responsible for the automatic indexation mechanism decided in its quarterly meeting in December to review and reprice petroleum prices accordingly.
Applying the power pricing indexation mechanism will boost the energy investments and increase the production in Egypt.
Egypt will start applying the new fuel pricing indexation mechanism to all petroleum products starting from Q4 2019.
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