fuel prices | Egypt Oil & Gas - Part 4
El Molla: Smart Cards Do Not Affect Fuel Prices
The increase in benzene and diesel prices follows the Egyptian Cabinet's decision to cut fuel subsidies in order to ease the budget deficit.
Uganda to Cut Fuel Costs by Half
In the next two years, the fuel pump prices in Uganda will substantially decrease if the $94m water transport project becomes reality.
South Africa’s Petrol, Diesel Pump Prices to Drop
The South African Energy Department announced that the retail price of petrol and the wholesale price of diesel in South Africa will fall.
IMF Supports Mozambique’s Fuel Price Increase
The International Monetary Fund (IMF) supports the Mozambican government decision to increase fuel prices as the IMF believes the step will help the African country in facing its struggles with foreign debt. Egypt Delayed Fuel Price Hikes
Egypt, led by Prime MinisterSherif Ismail, decided to delay increasing fuel prices to May 2017. This came in hopes to linking the price hikes to the generalization of the third phase of fuel smart cards across the c ... Tanzania Reduced Fuel Prices
Tanzania's energy regulator lowered maximum retail prices for diesel and kerosene early January but marginally raised the limit for petrol to reflect changes in global energy costs. Zambia Cut Fuel Prices
Zambia's retail fuel prices fell early January due to subdued oil prices. The cut came after President Edgar Lungu said he expected to do so even as Brent crude climbed 13% in December 2016. Fuel Subsides to Reach EGP 64b
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, stated that the cost of fuel subsidy will increase to EGP 64b during fiscal year 2016/2017 after the current devaluation. 
