diesel | Egypt Oil & Gas - Part 17
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 authori...
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 exec...
Egypt to Issue Tender for 300,000 Tons of Fuel
Sources at EGPC told Egypt Oil & Gas (EOG) that a tender for importing 300 thousand tons of fuel and diesel will be issued end of September. The decision comes part of the government’s plan to have a 15 day...
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, reported Egypt Oil &...
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 produ... EGPC Boosts Petroleum Products by 10%
The 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. The increas...
Update: Coal and Declining Oil Prices Help Reduce Fuel Subsidies, says El-Molla
Egypt has allocated 61 billion EGP ($8 billion) for fuel subsidies in the draft of 2015/2016 fiscal year budget, EGPC Chairman Tarek el-Molla said in a Saturday statement. On Thursday, Egypt’s cabinet approved an init...
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. The agreement is based on a ... 
