VOL. XL
No. 50
15-December-1997
EGYPT
Egypt Sets 25% Limit On Domestic Natural Gas Price Hikes
At a meeting on 9 December, the Egyptian Cabinet approved raising the state-controlledprice of natural gas on the local market from E0.12 (about $0.035) to E0.141 (about$0.041) per cubic meter with effect from 1 January 1998. However, the cabinet also decidedto limit the increases in natural gas prices to 25% in the coming eight years to 2005 inorder to encourage greater use of gas especially in...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!