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Egypt’s cabinet announced on Saturday that natural gas prices for home and commercial use would increase by between 33.3 and 75 percent in August, as stated by the official gazette. Gas consumption of up to 30 cubic meters was raised by 75 percent, setting its new price at 0.175 Egyptian pounds per cubic meter. Consumption between 30 cubic meters and 60 cubic meters increased by 42.8 percent, jumping to 0.250 pounds from 0.175, while a 33.3 percent rise for consumption…
