Kuwait's envoy to Argentina presents credentials
The article discusses the regulation of natural gas prices in Egypt. The Gas Market Regulation Authority announced the setting of a unified price for natural gas for industrial and commercial consumers, starting from October 2023 and lasting until September 2024. The price has been set at $5.50 per million BTU for industrial purposes and $3.50 for commercial purposes, with the aim of organizing the market and preventing price manipulation. The decision seeks to promote optimal energy use and achieve economic stability, with expectations that it will contribute to saving hundreds of millions of dollars in the long term and reduce the gap between local and global gas prices.
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