Prices will also include an additional margin of $1 per million British thermal units (MMBtu), ensuring a more market-driven pricing framework.
Power plants continue to pay $4 per MMBtu, while brick kilns are charged EGP 210 ($4.36) per unit.
Several industrial giants, including Al Masria Lel Asmeda (Egyptian Fertilisers), MOPCO, EPIC, and Methanex, have been exempted from the latest tariff adjustments under long-term supply contracts with the Egyptian Natural Gas Holding Company (EGAS).
These contracts link gas prices to international benchmarks for urea, ammonia, and methanol.
The Ministry of Petroleum and Mineral Resources confirmed that new industrial projects will no longer receive any subsidies, a signal of Cairo’s intent to reform its energy policy framework and attract investment through transparency and efficiency.
Fuel subsidy costs are projected to rise to EGP 154.5 billion (approximately $3 billion) in the 2024–2025 fiscal year, up from EGP 119.3 billion ($2.3 billion) the previous year.
Prime Minister Mostafa Madbouly’s administration has reaffirmed its ambition to fully align domestic fuel and gas prices with international market rates by the end of 2025, a move analysts say could improve Egypt’s fiscal stability and make its energy sector more competitive across Africa and beyond.
