{"id":603087,"date":"2019-04-15T03:58:21","date_gmt":"2019-04-15T03:58:21","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/15\/egypts-govt-still-studying-lower-energy-prices-for-factories\/"},"modified":"2019-04-15T03:58:21","modified_gmt":"2019-04-15T03:58:21","slug":"egypts-govt-still-studying-lower-energy-prices-for-factories","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/15\/egypts-govt-still-studying-lower-energy-prices-for-factories\/","title":{"rendered":"Egypt\u2019s gov\u2019t still studying lower energy prices for factories"},"content":{"rendered":"

<\/a> Gov\u2019t studying lower energy prices for factories? <\/b>The government is looking into revising the price at which it sells energy to factories, Deputy Planning Minister Ahmed Kamaly said yesterday at a trade and industry-focused event, according to Al Mal<\/a>. The minister\u2019s statements were likely in response to calls by the Federation of Egyptian Industries for lower prices. \u201cIt is imperative to reduce [natural gas and electricity] prices to factories, especially those producing cement and metals,\u201d the FEI customs and taxes committee head Mohamed El Boha said during the event<\/a>.<\/p>\n

Wait, remind us why it\u2019s a good idea for us all to subsidize energy for industry? <\/b>The sector has for years been lobbying for cheaper gas. The Ismail Cabinet<\/a> suggested steel industry players could get a reprieve, but this never materialized. A more recent pledge was also attributed to Prime Minister Moustafa Madbouly<\/a> by 10th of Ramadan Investor Association boss Samir Aref, who said claimed that manufacturers pay between USD 2-3 \/ MMBtu more than the global average. The government took a step to please the industry last year when EGAS introduced<\/a> more flexible payment terms and eliminated the 2.5% surcharge on overdue gas bills.<\/p>\n","protected":false},"excerpt":{"rendered":"

Gov\u2019t studying lower energy prices for factories? The government is looking into revising the price at which it sells energy to factories, Deputy Planning Minister Ahmed Kamaly said yesterday at a trade and industry-focused event, according to Al Mal. The minister\u2019s statements were likely in response to calls by the Federation of Egyptian Industries for […]<\/p>\n","protected":false},"author":1,"featured_media":603088,"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":[93,72,131,2380,98],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-603087","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speed-round","tag-energy","tag-enterpriseam","tag-manufacturing","tag-speed-round","tag-subsidies","wpautop","entry"],"acf":{"mongo_id":"2d75a39a-5400-4e2b-8d79-59e8a7a71170","is_powered_by":true,"section_story_id":"94e8e5a6-b23c-4ee8-9d0f-006726cc6f62","story_type":"1","photo_url":"https:\/\/ent.news\/2020\/11\/264.jpg","photo_position":"above","related_issue":[603076],"teaser":"","voice_url":""},"yoast_head":"\nEgypt\u2019s gov\u2019t still studying lower energy 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\/04\/15\/egypts-govt-still-studying-lower-energy-prices-for-factories\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt\u2019s gov\u2019t still studying lower energy prices for factories\" \/>\n<meta property=\"og:description\" content=\"Gov\u2019t studying lower energy prices for factories? The government is looking into revising the price at which it sells energy to factories, Deputy Planning Minister Ahmed Kamaly said yesterday at a trade and industry-focused event, according to Al Mal. The minister\u2019s statements were likely in response to calls by the Federation of Egyptian Industries for […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/15\/egypts-govt-still-studying-lower-energy-prices-for-factories\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-04-15T03:58:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2020\/11\/264.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\/2019\/04\/15\/egypts-govt-still-studying-lower-energy-prices-for-factories\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/15\/egypts-govt-still-studying-lower-energy-prices-for-factories\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt\u2019s gov\u2019t still studying lower energy prices for factories\",\"datePublished\":\"2019-04-15T03:58:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/15\/egypts-govt-still-studying-lower-energy-prices-for-factories\/\"},\"wordCount\":206,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/15\/egypts-govt-still-studying-lower-energy-prices-for-factories\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2020\/11\/264.jpg?fit=%2C&ssl=1\",\"keywords\":[\"energy\",\"EnterpriseAM\",\"Manufacturing\",\"SPEED ROUND\",\"subsidies\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/15\/egypts-govt-still-studying-lower-energy-prices-for-factories\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/15\/egypts-govt-still-studying-lower-energy-prices-for-factories\/\",\"name\":\"Egypt\u2019s gov\u2019t still studying lower energy prices for factories - 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The division has sent formal requests to the energy and oil ministries\u2026","rel":"","context":"In "Speed Round"","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":593422,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/27\/government-to-review-natgas-electricity-prices-for-industries-within-days\/","url_meta":{"origin":603087,"position":1},"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 "Speed Round"","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":567432,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/22\/egypt-to-cut-gas-prices-for-factories-in-coming-fiscal-year-sources\/","url_meta":{"origin":603087,"position":2},"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 "Speed Round"","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":594142,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/21\/govt-to-set-natgas-electricity-prices-twice-a-year-for-all-industries\/","url_meta":{"origin":603087,"position":3},"title":"Gov\u2019t to set natgas, electricity prices twice a year for all industries","author":"enterpriseam admin","date":"21 October 2019","format":false,"excerpt":"Gov\u2019t looking into setting natgas, electricity prices twice a year for all industries: The government will revise the price at which it sells natural gas and electricity to factories every six months, Public Enterprises Minister Hisham Tawfik told reporters yesterday, according to Reuters' Arabic service. Prime Minister Moustafa Madbouly has\u2026","rel":"","context":"In "Speed Round"","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":593653,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/07\/egypt-reduces-natural-gas-prices-for-three-types-of-factories\/","url_meta":{"origin":603087,"position":4},"title":"Egypt reduces natural gas prices for three types of factories","author":"enterpriseam admin","date":"7 October 2019","format":false,"excerpt":"Gov\u2019t announces long-awaited decision to lower natgas prices for industry, but only for a few sectors: A ministerial committee lowered on Thursday the price of natural gas for the cement, metallurgy, and ceramics industries after repeated calls by manufacturers, cabinet said in a statement. 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