Prices of Cooking Gas & Mazut Rise in Egypt

Egypt has raised the price of a household cooking gas cylinder by 50% from EGP 100 (US$2.06) to EGP 150 (US$3.10), as per a decree by the Prime Minister.

The price of a commercial cooking gas cylinder has also risen by 33.3%, from EGP 150 (US$3.10) to EGP 200 (US$4.12). In addition, the price of mazut supplied to power plants has surged by 160% to EGP 6,500 (US$134.15) per ton from EGP 2,500 (US$51.60).