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Tuesday, 10 May 2016

EGAS says it’s meeting nearly 100% of the natural gas needs of industry

Natural gas supplies to industry remain steady, an official from EGAS told Al Mal, denying there have been delays in the arrival of LNG shipments at the nation’s FSRUs. EGAS is presently meeting 100% of the natural gas needs of SMEs in the industrial sector and 90% of the demand from heavy industry. EGAS was not notified by cabinet of any decision to amend pricing to factories, an official added in reference to a recent flap over the possibility of steel producers paying less for natural gas, noting that EGAS does not have the authority to change the prices.

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