Saudi to Secure Egypt’s Fuel Needs for Next 3 Months

Saudi to Secure Egypt’s Fuel Needs for Next 3 Months

Egypt and Saudi Arabia have reached a deal to supply Egypt with a monthly 800,000 tons of petroleum products for three months starting from February 2016, an EGPC official told Reuters.

“Saudi Arabia is giving us 180,000 tons of gasoline, 150,000 tons of fuel oil and 470,000 tons of diesel,” the EGPC official.

Saudi Arabia has promised to help to meet Egypt’s petroleum needs for the next five years.

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