Global price hikes hit gas cylinders here at home: The government has hiked butane gas cylinder prices by 7.1%, reaching EGP 75 for household cylinders (from EGP 70) and EGP 150 (from EGP 140) for commercial use, according to a directive published in the Official Gazette (pdf). This comes on the back of surging global oil and natural gas prices after Russia’s invasion of Ukraine.

Don’t we have enough local natgas to go around? Egypt imports around 55% of its butane gas needs, making it more susceptible to global price fluctuations.

The price of butane cylinders has now risen more than 15% in just four months: The Oil Ministry hiked the price in December by almost 8% in response to rising oil prices.

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