Egyptian government doubles the price of gas for cement producers

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Egypt: The government has raised the price of gas to cement producers by 109% from US$5.75/one million British thermal units (BTU) to US$12/MBTU. South Valley Cement, Misr Cement Qena, Misr Beni Suef Cement, and Sinai Cement all said that the higher gas prices would not affect the cost of production because they have switched to using coal, according to the Daily news Egypt newspaper.

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URL: https://www.globalcement.com/news/item/14752-egyptian-government-doubles-the-price-of-gas-for-cement-producers

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