fuel consumption

  • Electricity Prices To Surge by 19% in July

    Electricity Prices To Surge by 19% in July

    Tuesday, 9th June 2020

    Commercial and household's electricity prices for Fiscal Year (FY) 2019/2020 and FY 2020/2021 will increase by 19% starting from July, the Minister of Electricity and Renewable Energy Mohamed Shaker announced during a press conference

  • Egyptian Buses to Have Bi-Fuel Engines

    Egyptian Buses to Have Bi-Fuel Engines

    Thursday, 22nd August 2019

    Mostafa Madbouly, the Prime Minister, held a meeting with the Heads and Representatives of companies’ that manufacture microbuses and minibuses to present the government’s plan to expand in manufacturing new bi-fuel vehicles and converting old ones.

  • Fuel Subsidies: 92-Octane Consumption Decreases Following Cuts

    Fuel Subsidies: 92-Octane Consumption Decreases Following Cuts

    Tuesday, 26th June 2018

    Misr Petroleum's sales of 92-octane benzene has decreased since the government made further cuts to fuel subsidies in mid-June.

  • Egypt’s Electricity Ministry to Pay EGP 700m of Fuel Arrears

    Egypt’s Electricity Ministry to Pay EGP 700m of Fuel Arrears

    Sunday, 5th March 2017
    Egypt's Ministry of Electricity is set to pay EGP700m to the Ministry of Petroleum and Mineral Resources.
  • Egypt’s Fuel Consumption Dropped by 9%

    Egypt’s Fuel Consumption Dropped by 9%

    Monday, 5th December 2016
    Egypt's fuel imports bill reduced by 9% due to decrease consumption of power plants, vehicles, and demand in general during the winter months when compared to the warmer summer season.
  • Egypt to Import More Fuel

    Egypt to Import More Fuel

    Wednesday, 9th November 2016
    The Egyptian General Petroleum Corporation (EGPC) is considering to launch a tender to import 700,000 tons of benzene, diesel, and, mazut oil, with the Ministry of Finance securing $300m to buy the needed cargos by mid-November.
  • Caspian Crude Swaps Resume to Cure Iran Fuel Shortages

    Caspian Crude Swaps Resume to Cure Iran Fuel Shortages

    Monday, 28th December 2015
    Iran has announced the resumption of swaps of crude oil for petroleum products with the Caspian littoral states – Turkmenistan and Kazakhstan, after a five year suspension.