Egypt Lowers Gas Grid Usage Fees

Egypt has lowered the usage fees for its national gas grid by 24% to reach $0.29 per mmbtu, the national gas regulator said on its website on Sunday.

Egypt had first set the usage fees at $0.38 per mmbtu in Aug. 2018 for a year.

(Reporting by Ehab Farouk and Ahmed Ismail Editing by Raissa Kasolowsky)