Egyptian fertiliser producers have suggested a unified gas pricing formula in a study that was presented to the Chamber of Chemical Industries. According to an article on Enterprise, the new pricing scheme links gas prices to urea prices and sets the base gas price at USD4/mmbtu when urea prices average USD230/tonne. The scheme also suggests increasing the gas price by USD0.01/mmbtu for every USD1 increase in average urea prices. The study was jointly conducted by i) Abu Qir Fertilisers [ABUK.CA]; ii) Delta Company for Fertilisers; iii) Helwan Fertilisers Company; and iv) Alexfert, a subsidiary of Egyptian Kuwaiti Holding (EK Holding) [EKHo.CA]. It is worth noting that the current gas price paid by fertiliser producers stands at USD4.5/mmbtu. (Enterprise)     Egyptian Kuwaiti Holding: USD0.52 as of 06 January 2016, Rating: Buy, FV: USD0.91 per share, MCap: USD533 million, EKHO EY / EKHO.CA