{"id":600797,"date":"2019-02-11T04:46:23","date_gmt":"2019-02-11T04:46:23","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/11\/government-is-postponing-decision-to-cut-gas-prices-for-factories\/"},"modified":"2019-02-11T04:46:23","modified_gmt":"2019-02-11T04:46:23","slug":"government-is-postponing-decision-to-cut-gas-prices-for-factories","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/11\/government-is-postponing-decision-to-cut-gas-prices-for-factories\/","title":{"rendered":"Government is postponing decision to cut gas prices for factories"},"content":{"rendered":"<p><b>Government postpones decision on cutting gas prices for factories: <\/b>The cabinet is postponing a decision to cut natural gas prices to factories, government sources told Amwal Al Ghad. The request to cut gas prices came from the Industry Ministry, which said that the decision would provide incentives to manufacturers while boosting the competitiveness of Egyptian exports. Industry has been pushing for years for lower gas prices following major gas discoveries that have since helped the country become self-sufficient. The rest of us wonder why the government would ever agree to effectively bring back subsidies this far along in a reform program focused, in no small part, on cutting subsidies.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Government postpones decision on cutting gas prices for factories: The cabinet is postponing a decision to cut natural gas prices to factories, government sources told Amwal Al Ghad. The request to cut gas prices came from the Industry Ministry, which said that the decision would provide incentives to manufacturers while boosting the competitiveness of Egyptian [&hellip;]<\/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":[8572],"tags":[72,7196,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-600797","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-industry","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"aef4e746-ed03-48da-a5af-6dc963e33af5","is_powered_by":true,"section_story_id":"d3821db8-ca36-4f15-a166-1adfe3dd0d78","story_type":"1","photo_url":"","photo_position":"above","related_issue":[600788],"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 is postponing decision to cut gas prices for 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\/02\/11\/government-is-postponing-decision-to-cut-gas-prices-for-factories\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Government is postponing decision to cut gas prices for factories\" \/>\n<meta property=\"og:description\" content=\"Government postpones decision on cutting gas prices for factories: The cabinet is postponing a decision to cut natural gas prices to factories, government sources told Amwal Al Ghad. 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EGAS said the current prices are appropriate for different industries. It said factories, who receive about 2.4 bcf\/day of natural\u2026","rel":"","context":"In &quot;Manufacturing&quot;","block_context":{"text":"Manufacturing","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/manufacturing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","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":600797,"position":1},"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":[]},{"id":568792,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/04\/egypt-is-expected-to-cut-nat-gas-prices-to-factories-in-1q2020-analysts-say\/","url_meta":{"origin":600797,"position":2},"title":"Egypt is expected to cut nat gas prices to factories in 1Q2020, analysts say","author":"enterpriseam admin","date":"4 February 2020","format":false,"excerpt":"Egypt to cut natgas prices to factories in 1Q2020, analysts say: Plunging natural gas prices and market oversupply are increasing the likelihood that the Egyptian government will cut gas prices to factories during the first quarter, analysts tell Reuters. The government has already recently lowered prices for certain industries and\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\/2020\/2\/49.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":593422,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/27\/government-to-review-natgas-electricity-prices-for-industries-within-days\/","url_meta":{"origin":600797,"position":3},"title":"Government to review natgas, electricity prices for industries within days","author":"enterpriseam admin","date":"27 November 2019","format":false,"excerpt":"Gov\u2019t to review natgas, electricity prices for industries \u201cwithin days\u201d: The committee formed last month to revise the price at which the government sells natural gas and electricity to factories is set to meet within the next few days, Public Enterprises Minister Hisham Tawfik said, according to Al Shorouk. Prices\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\/2020\/11\/264.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":576173,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/12\/investors-union-egas-to-look-at-lower-gas-prices-for-industry\/","url_meta":{"origin":600797,"position":4},"title":"Investors union, EGAS to look at lower gas prices for industry","author":"enterpriseam admin","date":"12 November 2020","format":false,"excerpt":"Could natgas prices for factories be liberalized? 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. The group will look at aligning local and international prices,\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\/2020\/11\/134.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":600797,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/600797","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=600797"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/600797\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/600788"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=600797"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=600797"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=600797"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=600797"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=600797"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}