LPG cylinders - File Photo
CAIRO – 12 November 2017: State-owned Egyptian Company for Gas Transferring and Deliverance (Butagasco) increased its production to 1.2 million liquefied petroleum gas (LPG) cylinders per day, preparing for the increased demand anticipated in winter.
In a statement issued by the Ministry of Petroleum Sunday, the company said that consumption of LPG in winter months is expected to be 4.2 million tons, which the government plans to secure through local production and imports.
Butagasco increased the butane gas factories’ working hours up to 16 hours in order to meet the demand.
Butagasco's sales of butane gas cylinders amounted to 40 million in the first half of 2017, with an increase of five million cylinders compared to the year-ago period.
The company has opened 262 fixed distribution outlets, of small capacity, and 174 warehouses across Egypt.
There are 40 private sector companies working in packing LPG cylinders, representing 55 percent of the market.
The government increased fuel prices in late June, with the price of LPG cylinders increasing from LE 15 ($0.85) per cylinder to LE 30, representing a 100-percent hike.