The Official Gazette – “Al-Waqa’a Al-Masryah” published the decision of the Prime Minister regarding setting the selling price of natural gas supplied to industrial activities.
The text of the decision published in the Official Gazette, yesterday, Thursday, October 28, 2021, was as follows:
The selling price of natural gas supplied to industrial activities is determined as follows:
$5.75 per million British thermal units for the cement industry.
$5.75 per million British thermal units for the iron and steel industries.
$5.75 per million British thermal units for the fertilizer and petrochemical industries, or according to the price formula mentioned in the contracts.
$4.75 per million British thermal units for all other industrial activities.
This decision came based on the results of the work and recommendations of the committee formed under Prime Minister Resolution No. 1884 of 2019, and according to what was presented by the Engineer, Minister of Petroleum and Mineral Resources, and after the approval of the Council of Ministers.
This decision is effective as of 1/11/2021.
The decision published in the Official Gazette
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