Egypt energy subsidies | Egypt Oil & Gas

Egypt’s Cabinet Aiming to Cut 25% of Imported Fuel Cost

The Egyptian government is willing to reduce the energy consumption to avoid increasing energy subsidies allocations to EGP100b in 2017 / 2018 budget.

Egypt’s Cabinet to Cut Energy Subsidies by 10% in 2017-2018

Egypt's cabinet considers cutting energy subsidies by 10% in the next fiscal year (2017-2018).

Egypt energy subsidies should be cut in 5-7 years: Industry federation

Egyptian industry should switch from fossil fuels to natural gas in order to increase its cost-effectiveness, the Federation of Egyptian Industries (FEI) recommended in its eighth board meeting.

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