Fiscal year
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El Jarhi: Cutting Fuel Subsidies to Aid Lower Income Groups
Monday, 3rd July 2017
Egyptian Minister of Finance, Amr El-Jarhi, stated that fuel and electricity subsidies are flawed and assured that moving the prices will aid in rebalancing the system -
Dana Gas Reports Strong Results in Egypt for Q1 2017
Monday, 15th May 2017
Dana Gas said that total receivables in Egypt increased in the first quarter of fiscal year 2017 to $283m, compared to $265m in Q1-16. -
El Molla: Egypt’s Fuel Subsidy to Exceed EGP 110b
Monday, 8th May 2017
Fuel subsidy increased well above EGP 110b, from an estimated EGP 35b in the budget. -
Government Debates Energy Subsidies in New Budget
Tuesday, 11th April 2017
The Egyptian Cabinet is having talks over the amounts allocated for fuel subsidies in the new budget of FY 2017/2018. -
Egypt Earmarks EGP 61bn for Fuel Subsidies
Sunday, 21st June 2015
Egypt's draft 2015/2016 budget earmarks 61 billion Egyptian pounds ($8 billion) for fuel product subsidies, Tarek El Molla, chairman of state-run Egyptian General Petroleum Corp (EGPC), said in a statement on Saturday.
Latest News
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Egypt Plans to Achieve Diversity in Clean Energy Resources by 2025: El Molla
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GUPCO to Invest $562 MM in FY 2020/21
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El Molla reviews plan of Natural Gas Delivery to 1.2 MM Households
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Egypt Launches First Natural Gas Stations App
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Loading ...| Commodity CMDTY | Units | Price | Change |
| Crude Oil (WTI) WTI | USD/bbl | 60.81 | -0.77% |
| Crude Oil (Brent) Brent | USD/bbl | 63.72 | -0.55% |
| NYMEX Natural Gas | USD/MMBtu | 2.80 | -0.46% |
| OPEC Basket Price | USD/bbl | 61.97 | -3.53% |
Last Modified March 4, 2021