{"id":649820,"date":"2017-03-09T04:20:38","date_gmt":"2017-03-09T04:20:38","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/steel-producers-promised-lower-gas-prices-come-december-head-of-feis-steel-division-says\/"},"modified":"2017-03-09T04:20:38","modified_gmt":"2017-03-09T04:20:38","slug":"steel-producers-promised-lower-gas-prices-come-december-head-of-feis-steel-division-says","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/steel-producers-promised-lower-gas-prices-come-december-head-of-feis-steel-division-says\/","title":{"rendered":"Steel producers promised lower gas prices come December, head of FEI\u2019s steel division says"},"content":{"rendered":"

<\/a> Zohr is a godsend to industry:<\/strong> The government has reportedly once again promised steel producers that it will reduce their natural gas prices to USD 4.5 from USD 7 per mmBtu by the end of 2017 once capacities from new field discoveries come onstream, according to the head of the steel division at the Federation of Egyptian Industries (FEI) Gamal El Garhy, Al Borsa reports<\/a>. We would usually take this with a grain of salt, but with Zohr coming online, industry appears to be getting a reprieve from higher gas prices. Industry groups, which have been lobbying for lower gas prices<\/a>, had been promised lower prices since last June<\/a>. In July last year, the Trade and Industry Ministry announced it was working on a standard pricing scheme to supply all industrial sectors with natural gas at USD 4.5 per mmBtu by September last year<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Zohr is a godsend to industry: The government has reportedly once again promised steel producers that it will reduce their natural gas prices to USD 4.5 from USD 7 per mmBtu by the end of 2017 once capacities from new field discoveries come onstream, according to the head of the steel division at the Federation […]<\/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":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-649820","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"f174c35e-155d-489f-a8c3-fe4262ff63bd","order":"0","is_powered_by":true,"section_story_id":"0243a0dc-0dcb-4838-a61e-f25b9ba9b041","story_type":"1","photo_url":"","photo_position":"above","related_issue":[649810],"teaser":"","voice_url":""},"yoast_head":"\nSteel producers promised lower gas prices come December, head of FEI\u2019s steel division says - 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\/2017\/03\/09\/steel-producers-promised-lower-gas-prices-come-december-head-of-feis-steel-division-says\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Steel producers promised lower gas prices come December, head of FEI\u2019s steel division says\" \/>\n<meta property=\"og:description\" content=\"Zohr is a godsend to industry: The government has reportedly once again promised steel producers that it will reduce their natural gas prices to USD 4.5 from USD 7 per mmBtu by the end of 2017 once capacities from new field discoveries come onstream, according to the head of the steel division at the Federation […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/steel-producers-promised-lower-gas-prices-come-december-head-of-feis-steel-division-says\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-03-09T04:20:38+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\/2017\/03\/09\/steel-producers-promised-lower-gas-prices-come-december-head-of-feis-steel-division-says\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/steel-producers-promised-lower-gas-prices-come-december-head-of-feis-steel-division-says\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Steel producers promised lower gas prices come December, head of FEI\u2019s steel division says\",\"datePublished\":\"2017-03-09T04:20:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/steel-producers-promised-lower-gas-prices-come-december-head-of-feis-steel-division-says\/\"},\"wordCount\":155,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/steel-producers-promised-lower-gas-prices-come-december-head-of-feis-steel-division-says\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/steel-producers-promised-lower-gas-prices-come-december-head-of-feis-steel-division-says\/\",\"name\":\"Steel producers promised lower gas prices come December, head of FEI\u2019s steel division says - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-03-09T04:20:38+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/steel-producers-promised-lower-gas-prices-come-december-head-of-feis-steel-division-says\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/steel-producers-promised-lower-gas-prices-come-december-head-of-feis-steel-division-says\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/steel-producers-promised-lower-gas-prices-come-december-head-of-feis-steel-division-says\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Steel producers promised lower gas prices come December, head of FEI\u2019s steel division says\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Steel producers promised lower gas prices come December, head of FEI\u2019s steel division says - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/steel-producers-promised-lower-gas-prices-come-december-head-of-feis-steel-division-says\/","og_locale":"en_US","og_type":"article","og_title":"Steel producers promised lower gas prices come December, head of FEI\u2019s steel division says","og_description":"Zohr is a godsend to industry: The government has reportedly once again promised steel producers that it will reduce their natural gas prices to USD 4.5 from USD 7 per mmBtu by the end of 2017 once capacities from new field discoveries come onstream, according to the head of the steel division at the Federation […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/steel-producers-promised-lower-gas-prices-come-december-head-of-feis-steel-division-says\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2017-03-09T04:20:38+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/steel-producers-promised-lower-gas-prices-come-december-head-of-feis-steel-division-says\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/steel-producers-promised-lower-gas-prices-come-december-head-of-feis-steel-division-says\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Steel producers promised lower gas prices come December, head of FEI\u2019s steel division says","datePublished":"2017-03-09T04:20:38+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/steel-producers-promised-lower-gas-prices-come-december-head-of-feis-steel-division-says\/"},"wordCount":155,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["EnterpriseAM","SPEED ROUND"],"articleSection":["Speed Round"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/steel-producers-promised-lower-gas-prices-come-december-head-of-feis-steel-division-says\/","url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/steel-producers-promised-lower-gas-prices-come-december-head-of-feis-steel-division-says\/","name":"Steel producers promised lower gas prices come December, head of FEI\u2019s steel division says - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2017-03-09T04:20:38+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/steel-producers-promised-lower-gas-prices-come-december-head-of-feis-steel-division-says\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/steel-producers-promised-lower-gas-prices-come-december-head-of-feis-steel-division-says\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/steel-producers-promised-lower-gas-prices-come-december-head-of-feis-steel-division-says\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Steel producers promised lower gas prices come December, head of FEI\u2019s steel division says"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":593191,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/20\/house-to-call-for-more-natgas-price-cuts-for-industry\/","url_meta":{"origin":649820,"position":0},"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 "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":649820,"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":574262,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/03\/industry-requests-another-cut-in-gas-prices-to-usd-3-5-mmbtu\/","url_meta":{"origin":649820,"position":2},"title":"Industry requests another cut in gas prices to USD 3.5\/mmbtu","author":"enterpriseam admin","date":"3 September 2020","format":false,"excerpt":"Industrial players still want to pay less for natural gas\u2026 Chemicals and fertilizer manufacturers are raising the issue of lowering gas prices once again, with Chemical and Fertilizers Export Council passing on a request to the Trade and Industry Ministry to lower the price of gas to USD 3.5\/mmbtu, Khaled\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\/9\/39.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":574434,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/09\/could-industry-see-lower-gas-prices-this-month\/","url_meta":{"origin":649820,"position":3},"title":"Could industry see lower gas prices this month?","author":"enterpriseam admin","date":"9 September 2020","format":false,"excerpt":"Could industry see lower gas prices this month? A government committee that will decide on gas prices to industry is reportedly considering lowering the price of natural gas when they meet this month, Masrawy reports, citing government sources. Gas prices for all industries could be lowered to at least USD\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":574350,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/07\/manufacturers-continue-lobbying-efforts-to-cut-gas-prices-ahead-of-fuel-committee-meeting\/","url_meta":{"origin":649820,"position":4},"title":"Manufacturers continue lobbying efforts to cut gas prices ahead of fuel committee meeting","author":"enterpriseam admin","date":"7 September 2020","format":false,"excerpt":"Manufacturers are pushing ahead with an aggressive lobbying campaign that aims to convince the state to cut natural gas prices. Manufacturers surveyed by Hapi Journal estimated the fair price for gas at between USD 2.50\u20133.50 \/ mmbtu against the current USD 4.50 \/ mmbtu Among the suggestions being offered was\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":649820,"position":5},"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. The price for cement factories was\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/649820","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=649820"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/649820\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/649810"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=649820"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=649820"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=649820"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=649820"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=649820"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}