{"id":599154,"date":"2019-06-19T04:00:23","date_gmt":"2019-06-19T04:00:23","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/19\/egas-refuses-again-to-cut-natural-gas-prices-for-heavy-consumption-factories\/"},"modified":"2019-06-19T04:00:23","modified_gmt":"2019-06-19T04:00:23","slug":"egas-refuses-again-to-cut-natural-gas-prices-for-heavy-consumption-factories","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/19\/egas-refuses-again-to-cut-natural-gas-prices-for-heavy-consumption-factories\/","title":{"rendered":"EGAS refuses again to cut natural gas prices for heavy consumption factories"},"content":{"rendered":"

The Egyptian Natural Gas Holding Company has once again refused another push for cutting natural gas prices for steel and ceramics factories, local press reported<\/a>, citing an unnamed EGAS officials. EGAS said the current prices are appropriate for different industries. It said factories, who receive about 2.4 bcf\/day of natural gas, are working at almost full capacity. Parliamentary sources quoted by local press said the government will continue to turn down requests in the meantime until it finishes studying the issue. Industryhas been pressuring<\/a> the government for years to cut natural gas prices saying that it is affecting their product prices and thus sales which is causing them to work under their full production capacity. The government had promised<\/a> in 2016 to cut gas prices to USD 4.5 mmBtu from USD 7 mmBtu but didn\u2019t deliver on it, with EGAS describing the decision at the time as a \u201cwaste\u201d<\/a>. Trade and Industry Minister Amr Nassar has said in March<\/a> that it would currently be difficult to reduce gas prices for steel factories to USD 5 per MMBtu from USD 7.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Egyptian Natural Gas Holding Company has once again refused another push for cutting natural gas prices for steel and ceramics factories, local press reported, citing an unnamed EGAS officials. EGAS said the current prices are appropriate for different industries. It said factories, who receive about 2.4 bcf\/day of natural gas, are working at almost […]<\/p>\n","protected":false},"author":1,"featured_media":0,"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":[7255],"tags":[3604,72,7196,131],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-599154","post","type-post","status-publish","format-standard","hentry","category-manufacturing","tag-egyptian-natural-gas-holding-company","tag-enterpriseam","tag-industry","tag-manufacturing","wpautop","entry"],"acf":{"mongo_id":"f68f9378-7aab-4278-b003-989fbe06ec6b","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[599123],"teaser":"","voice_url":""},"yoast_head":"\nEGAS refuses again to cut natural gas prices for heavy consumption factories - 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\/2019\/06\/19\/egas-refuses-again-to-cut-natural-gas-prices-for-heavy-consumption-factories\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EGAS refuses again to cut natural gas prices for heavy consumption factories\" \/>\n<meta property=\"og:description\" content=\"The Egyptian Natural Gas Holding Company has once again refused another push for cutting natural gas prices for steel and ceramics factories, local press reported, citing an unnamed EGAS officials. 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It said factories, who receive about 2.4 bcf\/day of natural gas, are working at almost […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/19\/egas-refuses-again-to-cut-natural-gas-prices-for-heavy-consumption-factories\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-06-19T04:00:23+00:00\" \/>\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\/2019\/06\/19\/egas-refuses-again-to-cut-natural-gas-prices-for-heavy-consumption-factories\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/19\/egas-refuses-again-to-cut-natural-gas-prices-for-heavy-consumption-factories\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"EGAS refuses again to cut natural gas prices for heavy consumption factories\",\"datePublished\":\"2019-06-19T04:00:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/19\/egas-refuses-again-to-cut-natural-gas-prices-for-heavy-consumption-factories\/\"},\"wordCount\":188,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Egyptian Natural Gas Holding Company\",\"EnterpriseAM\",\"industry\",\"Manufacturing\"],\"articleSection\":[\"Manufacturing\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/19\/egas-refuses-again-to-cut-natural-gas-prices-for-heavy-consumption-factories\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/19\/egas-refuses-again-to-cut-natural-gas-prices-for-heavy-consumption-factories\/\",\"name\":\"EGAS refuses again to cut natural gas prices for heavy consumption factories - 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Long-term demands from factories for lower gas prices will be considered by a newly-formed task force made up of the Egyptian Federation of Investors Associations and EGAS, EFIA member Sobhy Nasr told Youm7. 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The higher exports come as prices have stabilized after previously taking a dip when there was oversupply in the market.","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":591715,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/15\/idku-lng-plant-reaches-full-export-capacity-for-first-time-in-six-years\/","url_meta":{"origin":599154,"position":3},"title":"Idku LNG plant reaches full export capacity for first time in six years","author":"enterpriseam admin","date":"15 December 2019","format":false,"excerpt":"The Idku liquefaction plant has reached its full export capacity of 1.1 bcf\/d for the first time since 2013, a source at state gas company EGAS told the local press. 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