Title: Egypt Increases Gas Prices

Egyptian Prime Minister Mostafa Madbouly has decided to raise natural gas prices by 109 percent for cement factories. The official gazette published the Cabinet's decision, stating that natural gas prices for cement factories will be set at 12 dollars. The decision also specifies that the price of natural gas supplied to the petrochemical industry for producing a mixture of ethane and propane will have a minimum price of 4.5 dollars.

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