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29-Nov-2016

El Molla: Government will not reduce gas prices for steel companies

Tarek El-Molla, Minister of Petroleum & Mineral Resources, has announced that the government will not reduce natural gas prices for steel producer in Egypt. He added that reducing the gas price was studied by the government and it has decided that it is not feasible, noting that the current gas price reflects a fair value. (Al Borsa)

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