diesel | Egypt Oil & Gas - Part 16

Iran Breaks Diesel Export Barrier, Draws in European Banks

Iran, for the first time, has become a net exporter of gas oil, said Nasser Sajjadi the managing director of Iran's national oil distribution company (NIOPDC)

Signs of Fuel Crisis in Cairo

Signs of a fuel crisis are beginning to emerge in Cairo neighborhoods after a number of gas stations ran out of gasoline yesterday, reported Egypt Oil & Gas (EOG).

Egypt Fuel Subsidies to be Distributed Only by Smart Cards

Khalid Abdul Ghani, Director of the Smart Card system for distribution of petroleum products, confirmed that all data for those eligible for fuel subsidies – 5.6m citizens – has been handed over to the traffic author ...

Sherif Ismail: Providing Petroleum Products to Citizens is a Strategic Goal

Egypt Oil and Gas learned that the Minister of Petroleum and Mineral Resources, Sherif Ismail, had said that the provision for citizens’ needs of petroleum products is a strategic goal and that they are currently exe ...

Egypt to Issue Tender for 300,000 Tons of Fuel

Sources at EGPC told Egypt Oil & Gas (EOG) that a tender for importing 300,000 tons of fuel and diesel will be issued end of September. The decision comes as part of the government's plan to have a 15 day stock of a ...

Petroleum Ministry to Compensate Factories for Gas Shortages

Due to requests made by factory owners, the Ministry of Petroleum decided to supply fuel oil and diesel to cement and fertilizer factories, as a means to compensate the temporary lack of gas.

AMOC to Begin Construction of Naphta and Diesel Units in late 2016

Italian company Technip won a public tender put forward by Alexandria Mineral Oils Company (AMOC) for the preparation of an economic and technical feasibility study for the establishment of two new units for the prod ...

EGPC Boosts Petroleum Products by 10%

he Egyptian General Petroleum Corporation (EGPC) announced an increase in the domestic market supply of petroleum products by 10% to meet the expected increase in demand during the feast, reported Al Mal.

Update: Coal and Declining Oil Prices Help Reduce Fuel Subsidies, says El-Molla

“Oil subsidies during the current FY (to end June 30) amounted to 70 billion EGP, down from an estimated 100 billion EGP in the state budget,” Molla said.

ITFC Funds Egypt’s Diesel and Petroleum Imports

An agreement on receiving funds from the International Islamic Trade Finance Corporation (ITFC) to import “essential goods” into Egypt was signed by President Abdel Fatah al-Sisi Thursday.

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