
How would natural gas price rise affect industrial sector, stock market?
Only scenario to save upside potential for industrial sector is that government would utilize formula-based gas cost: Al Ahly Pharos Research
Only scenario to save upside potential for industrial sector is that government would utilize formula-based gas cost: Al Ahly Pharos Research
The company noted that the price reduction is also likely to have positive knock-on effects for its associate company, ETHYDCO, which is 20% owned by SIDPEC. ETHYDCO’s profits are expected to have been booked during the quarter.