New gas prices for households, commercial sector declared

CAIRO – 29 June 2017: New prices for natural gas piped into households and commercial sector will be applied as well, Minister of Petroleum Tarek El-Molla said in a Thursday press conference.

Residential and commercial consumers of less than 30 cubic meters will pay LE 1 ($0.5) per cubic meter, while consumption bracket between 30-60 cubic meters will pay LE 1.75 per cubic meter, and the bracket above 60 cubic meters will pay LE2.25.

Earlier this morning, new fuel prices were announced as price of 80-octane gasoline soared from LE 1.60 ($0.08) to LE 3.65 per liter, while the 92-octane increased from LE 3.50 to LE 5.00 per liter.