Natural gas price hike triggers new rules for Egypt fertilizers sector

The move was announced by Minister of Industry and Transport Kamel El-Wazir during the 31st meeting of the Ministerial Group for Industrial Development, which he chaired in Cairo on Tuesday.

During the meeting, El-Wazir stressed that the protocol aims to balance company interests with market stability, reaffirming the state’s commitment to supplying the necessary gas volumes to keep fertilizer plants running.

Regulatory bodies, including the Competition Protection Authority and the Consumer Protection Agency, have been tasked with monitoring the market and curbing any unjustified price increases.