diesel | Egypt Oil & Gas - Part 10
Egypt Negotiates 250,000 Tons of Fuel Imports
The Egyptian government is currently conducting new negotiations with a number of foreign suppliers to import fuel for April and May.
Egypt and Saudi Aramco to Discuss Shipments
The Egyptian General Petroleum Corporation(EGPC) and Saudi Aramco will hold meetings by April 2017 to set the supply schedule and quantities required according to Egypt's needs of petroleum products.
USD Price Increases Petroleum Import Bills
USD Exchange rate increases diesel and benzene import bills by $50m per day.
Fuel Smart Card System to Provide10 Litres a Day
Sherif's Cabinet agreed on allocating ten liters of subsidized fuel a day for each citizen registered in the smart card system.
UAE to Increase Fuel Prices in March
The UAE has seen hikes in petrol and diesel prices since the start of 2017, for three consecutive months now.
Egypt to Reschedule Factories’ Petroleum Dues
The Egyptian Natural Gas Holding Company (EGAS) will hold a meeting with factories with late dues in order to reschedule payments.
EGPC to Supply Gasoline, Diesel to Meet Local Demand
The Egyptian General Petroleum Corporation plans to pump 16,000 tons of gasoline, and 35,000 tons of diesel to gas stations all over Egypt by the start of March in attempts to meet local demand.
Egypt’s Refineries Operating at 70% Capacity
The Egyptian refineries are operating at only 70% capacity due to shortages in inputs and a decrease in the efficiency of the refineries.
