the free zones system
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Natural Gas-Based Industries to Operate in Free Zones
Monday, 2nd November 2020
The House of Representatives gives the final approval on amending Article 34 of the Investment Law No. 72 for 2017 allowing the licensing of natural gas-based industry projects, especially fertilizers and petrochemicals, to work under the free zones systems.
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Cabinet Approves Licensing of Natural Gas-Based Industries
Thursday, 14th May 2020
The Cabinet approved the General Authority For Investment And Free Zones’ (GAFI) proposal to allow licensing of projects of natural gas-based industries to work according to Free Zones regulations.
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 60.95 | +1.28% |
Crude Oil (Brent) Brent | USD/bbl | 64.47 | +1.26% |
NYMEX Natural Gas | USD/MMBtu | 2.63 | +0.50% |
OPEC Basket Price | USD/bbl | 61.46 | +0.52% |
Last Modified April 14, 2021