{"id":550022,"date":"2022-10-11T03:48:22","date_gmt":"2022-10-11T03:48:22","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/11\/government-doubles-gas-prices-for-cement-producers\/"},"modified":"2022-10-11T03:48:22","modified_gmt":"2022-10-11T03:48:22","slug":"government-doubles-gas-prices-for-cement-producers","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/11\/government-doubles-gas-prices-for-cement-producers\/","title":{"rendered":"Government doubles gas prices for cement producers"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> <strong>Cement producers are going to be paying more than double what they used to for <\/strong><strong>natural gas<\/strong> after the government issued a decree earlier this week enforcing a price hike of c.108%. Natural gas will now be sold to cement manufacturers at USD 12.00 per mmBtu, from USD 5.75 \/ mmBtu previously, according to the Official Gazette.<\/p>\n<p><strong>The decree also raises natgas prices for some other industries<\/strong><strong>:<\/strong><\/p>\n<ul>\n<li><strong>Brick kilns<\/strong> will be charged EGP 110.00 per mmBtu, up from EGP 73.00 \/ mmBtu;<\/li>\n<li><strong>Petrochemical companies producing ethane-propane blends<\/strong> will be charged according to a price formula that will be updated monthly by the state\u2019s Egyptian General Petroleum Corporation (EGPC), with a <strong>set floor of USD 4.50 \/ mmBtu<\/strong>;<\/li>\n<li><strong>Other petrochems producers will see no change<\/strong> to their natural gas prices, which were set <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/0a41ad6b-9141-4ceb-9c19-9cdb81e423f3\">last October<\/a> at USD 5.75 \/ mmBtu.<\/li>\n<\/ul>\n<p><strong>The exceptions: <\/strong>The decree does not apply to companies whose natural gas purchases have been priced into their supply contracts.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cement producers are going to be paying more than double what they used to for natural gas after the government issued a decree earlier this week enforcing a price hike of c.108%. Natural gas will now be sold to cement manufacturers at USD 12.00 per mmBtu, from USD 5.75 \/ mmBtu previously, according to the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":550023,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7207],"tags":[1002,93,72,705],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-550022","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","tag-cement","tag-energy","tag-enterpriseam","tag-petrochemicals","wpautop","entry"],"acf":{"mongo_id":"4903a111-23fe-4cba-9559-31f2a580457a","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/10\/187.jpg","photo_position":"above","related_issue":[550011],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Government doubles gas prices for cement producers - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/11\/government-doubles-gas-prices-for-cement-producers\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Government doubles gas prices for cement producers\" \/>\n<meta property=\"og:description\" content=\"Cement producers are going to be paying more than double what they used to for natural gas after the government issued a decree earlier this week enforcing a price hike of c.108%. Natural gas will now be sold to cement manufacturers at USD 12.00 per mmBtu, from USD 5.75 \/ mmBtu previously, according to the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/11\/government-doubles-gas-prices-for-cement-producers\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-11T03:48:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2022\/10\/187.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/11\/government-doubles-gas-prices-for-cement-producers\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/11\/government-doubles-gas-prices-for-cement-producers\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Government doubles gas prices for cement producers\",\"datePublished\":\"2022-10-11T03:48:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/11\/government-doubles-gas-prices-for-cement-producers\/\"},\"wordCount\":157,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/11\/government-doubles-gas-prices-for-cement-producers\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/10\/187.jpg?fit=%2C&ssl=1\",\"keywords\":[\"cement\",\"energy\",\"EnterpriseAM\",\"petrochemicals\"],\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/11\/government-doubles-gas-prices-for-cement-producers\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/11\/government-doubles-gas-prices-for-cement-producers\/\",\"name\":\"Government doubles gas prices for cement producers - 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Coal will remain the more cost efficient energy\u2026","rel":"","context":"In &quot;Basic Materials + Commodities&quot;","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":549367,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/14\/nitro-fertilizer-producers-will-now-pay-more-for-gas\/","url_meta":{"origin":550022,"position":1},"title":"Nitro fertilizer producers will now pay more for gas","author":"enterpriseam admin","date":"14 September 2022","format":false,"excerpt":"Producers of nitrogen fertilizers could see their natural gas bills rise following a government decision to link them to the price of urea fertilizer.What\u2019s going on exactly? Companies will now have their gas bills calculated based on a new formula that takes into account the price of a ton of\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/9\/216.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":593191,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/20\/house-to-call-for-more-natgas-price-cuts-for-industry\/","url_meta":{"origin":550022,"position":2},"title":"House to call for more natgas price cuts for industry","author":"enterpriseam admin","date":"20 November 2019","format":false,"excerpt":"House to call for more natgas price cuts for industry: The House Industrial Committee will ask the government to cut natural gas prices by USD 1 to USD 4.5 \/ mmbtu for steel, aluminum, copper, ceramics, and porcelain factories, parliamentary sources say. The committee is planning to present this recommendation\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":556552,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/31\/factories-face-higher-utility-bills-as-govt-hikes-gas-prices\/","url_meta":{"origin":550022,"position":3},"title":"Factories face higher utility bills as gov\u2019t hikes gas prices","author":"enterpriseam admin","date":"31 October 2021","format":false,"excerpt":"The government has hiked gas prices for factories by up to 28%, according to a decision published in the Official Gazette on Thursday, as global gas prices remain elevated. Cement, iron and steel, and petrochemicals and fertilizers producers will now pay USD 5.75 \/ mmBtu, up from USD 4.5 \/\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/10\/322.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":592640,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/03\/nat-gas-price-cuts-for-the-petrochem-industry-may-be-on-the-way\/","url_meta":{"origin":550022,"position":4},"title":"Nat gas price cuts for the petrochem industry may be on the way","author":"enterpriseam admin","date":"3 November 2019","format":false,"excerpt":"Nat gas price cuts for the petrochem industry may be on the way: The Madbouly government is considering introducing a new pricing scheme that would lower the price of natural gas sold to petrochemical factories below USD 7\/mmBtu, a government source told the press. The mechanism would be linked to\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/8\/249.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":567432,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/22\/egypt-to-cut-gas-prices-for-factories-in-coming-fiscal-year-sources\/","url_meta":{"origin":550022,"position":5},"title":"Egypt to cut gas prices for factories in coming fiscal year -sources","author":"enterpriseam admin","date":"22 January 2020","format":false,"excerpt":"Egypt to cut gas prices for factories in coming fiscal year -sources: The government is studying several proposals that could cut gas prices for factories by another USD 1.5-2 per mn British thermal units, with the new prices expected to come into force at the beginning of the new fiscal\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/550022","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=550022"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/550022\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/550011"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/550023"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=550022"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=550022"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=550022"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=550022"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=550022"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}