fuel consumption | Egypt Oil & Gas

Electricity Prices To Surge by 19% in July

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 duri ...

Egyptian Buses to Have Bi-Fuel Engines

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-fu ...

Fuel Subsidies: 92-Octane Consumption Decreases Following Cuts

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 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 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

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 m ...

Caspian Crude Swaps Resume to Cure Iran Fuel Shortages

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.

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