Egypt

50% Increase in Household LPG Cylinder Prices Effective Today

Published on : 2024-09-18

Starting at 6:00 AM today, the Ministry of Petroleum and Mineral Resources has enacted a price increase for both household and commercial LPG cylinders, in accordance with a decree issued by the Prime Minister.

Under the new pricing structure, the cost of household LPG cylinders has risen from EGP 100 to EGP 150 “factory price”, while the price for commercial LPG cylinders has increased from EGP 150 to EGP 200.

Additionally, the Ministry has raised the price of mazut supplied to power generation plants, now priced at EGP 6,500 per ton, up from EGP 2,500, while maintaining a fixed price for industrial users.

The decision also includes a price hike for bulk liquefied gas, which will now be sold at EGP 12,000 per ton.

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The event was attended by Eng. Mohamed Hassan Kandil, Chairman and Managing Director, senior executives, managers, and a large number of employees, along with the outstanding sons and daughters of Egypt Gas.

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The Minister stressed the importance of expediting the implementation of strategic projects, particularly the ozoris and Atoll fields, and connecting their production to the national grid, reaffirming the Ministry’s full support for this direction.