Egypt has more Natural gas prices were announced today, Sunday, May 3, for a number of energy-intensive industrial sectors.
measure, Issued Pursuant to Resolution No. 1306 of 2026 from Prime Minister Mostafa Madbouly, the minimum selling prices for gas supplied to industrial activities are set at a minimum selling price. hiring At least US$6.50 (350 Egyptian pounds) per million British thermal units (MMBtu) for energy-intensive industries.
The government at that time Applicable Sector-specific rates for cement producers, which will be charged at US$14 (Egyptian Pounds 752) per million Btu, while iron and steel, non-nitrogen fertilizer and petrochemical industries will pay US$7.75 (Egyptian Pounds 416) per million Btu. For all other industrial activities, the rate is hiring At a price of US$6.75 (362 Egyptian pounds) per million British thermal units.
Officials He said The decision is consistent with broader efforts to address rising energy costs internationally. The increase was widely expected as global oil and gas prices rose amid escalating tensions in the Middle East and the closure of the Strait of Hormuz, which led to tighter energy supply conditions.
The new industrial pricing follows previous local changes. In March in Egypt He grew up Domestic fuel prices by up to 17 percent, with the aim of offsetting rising global energy costs. The government is also working on reduces Fuel and electricity subsidies are part of a program worth $8 billion (430 billion pounds) agreed upon with the International Monetary Fund.
Most importantly, the decree clarifies that the increases do not apply to the consumer, as contracts for the supply of domestic gas and other consumers already include pricing formulas.