Displaying items by tag: Gas
Egyptian cement industry facing drop in natural gas supply
28 January 2013Egypt: Suez Cement has reported in a filing sent to the Egyptian Exchange that the cement sector in Egypt is facing a drop in natural gas supply below normal levels. However, Suez Cement indicated that deliveries at its plants were not affected due to the group's strategic inventory of clinker.
On 20 January 2013 the Ministry of Trade and Industry announced that it would increase prices of mazut, a heavy, low-quality fuel oil, for the cement and ceramics industries by 50% to US$225/t from US$150/t. This follows a threatened increase in the price of mazut in late December 2012 of 130% that the government exempted cement producers from. However, the government planned to increase the price of natural gas to US$6/mmBtu from US$4/mmBtu at the same time.
Tajikcement production thwarted by gas shortage
24 December 2012Tajikistan: Tajikcement, the largest cement plant in Tajikistan, has stopped production due to a shortage of natural gas according to a report from the Avesta news agency.
"Natural gas is the main fuel for the factory. Partial interruption in the supply of gas caused a decrease in cement production. The factory produced 190,500t of cement in January to November 2012, which is a 60,000t decrease compared to the same period in 2011," said a source quoted by Avesta. He added that gas supplies to the plant in Dushanbe have been interrupted several times in 2012.
Saydakhmad Sharofutdinov, the head of the Tajiktransgas the nation's gas importing company, said that the thermal power plant in Dushanbe was the largest consumer of natural gas in Tajikistan, receiving 100,000m3/day.
Soboce seeks 10Mm3 gas for US$160m plant
01 October 2012Bolivia: Soboce's planned cement plant in Yacuses, Santa Cruz will require 10Mm3 of natural gas supplies, Soboce's main shareholder Samuel Doria Medina has said. According to the project's viability study, the plant will also need a pipeline to be built and a gas supply guarantee from state-run oil and gas firm Yacimientos Petroliferos Fiscales Bolivianos (YPFB).
Soboce estimates that the plant will cost US$160m to build. The project will be able to generate energy for its own consumption using natural gas. Soboce and YPFB have already built a 19.6km pipeline to supply gas to another plant in Viacha.