The Clap The government increased the selling price of natural gas to cement factories by 109%, the new price reaching $12 per million thermal units.
Claps Class A thermal unit is a unit of measurement for natural gas.
Impact on Cement Factories Ahmed Karim, head of the cement division, said the decision will affect the costs of production for factories that use natural gas, which represents 50% of the cement factories.
According to analysts, factories that depend on coal for their production will delay switching to gas due to its high price.
Why this Matters A government source said the government raised the price to keep up with the increasing global commodity prices.