Egypt’s Natural Gas regulator hikes transmission license fees
Natgas companies are going to pay more to use the national grid to move product this year after the Gas Regulatory Authority hiked fees for commercial gas transmission, shipping, distribution and supply licenses, the local press reported yesterday, citing an unnamed government source. Rates, which will be 24-31% higher this year, are as follows:
- Transmission licenses will cost USD 0.0566/mmBtu, up 29% from USD 0.044 last year
- Shipping licenses will cost USD 0.0297/mmBtu, up 24% from USD 0.024
- Distribution licenses will costs USD 0.021/mmBtu, up 31% from USD 0.016
- Supply licenses will cost USD 0.0077/mmBtu, up 28% from USD 0.006.