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13-Jun-2016

Natural gas supply for steel plants to be cut starting mid July

Egyptian steel manufactures received a note from the Ministry of Petroleum that natural gas supply to steel factories will be cut starting mid-July till the end of August. Tarek Kabil,? Minster of Trade and Industry, also noted that the decision to decrease the price of natural gas from USD7/mmbtu to USD4.5/mmbtu is still under revision. (Al Alam Al Youm)

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