selling price

  • 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
  • Iraq Makes Predictable Crude Price Rise to Asia

    Iraq Makes Predictable Crude Price Rise to Asia

    Sunday, 14th June 2015
    Iraq increased its July official selling price (OSP) for Basra Light crude to Asia as expected, but a steeper than expected hike for Basra Heavy could weigh on the new grade.