fuel prices | Egypt Oil & Gas - Part 5
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, Standard Digital reported. Th... Zambia Cut Fuel Prices
Zambia’s retail fuel prices fell early January due to subdued oil prices, Reuters reported. The cut came after President Edgar Lungu said he expected to do so even as Brent crude climbed 13% in December 2016. Ac...
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, reported Al Mal News.... Egypt Raised Pump Prices
The Egyptian Ministry of Petroleum increased petrol price early November in a move to alleviate fuel subsidy expenditure within the country’s economic reform program. The government has implemented the new price... Zambia Increased Pump Prices
Zambia’s Energy board announce mid-October that fuel prices were going up, citing volatility on the market. The retail price of petrol would rise by nearly 39%, while the price of diesel would go up by 33%, Reuters re...
South Africa Increased Pump Prices
South Africa’s Department of Energy announced that as of early October the retail price of petrol 93 octane will increase by $0.44/L and that of 95 octane by $0.43/L. Core factors in the increase are the rand/US dolla...
Namibia Dropped Pump Prices for Fuel
Namibian Minister of Mines and Energy, Obeth Kandjoze , announced that petrol and diesel prices will decrease by Namibian Minister of Mines and Energy, Obeth Kandjoze , announced that petrol and diesel prices will dec...
Ministry of Petroleum Resolves Subsidy Debate
The Egyptian Ministry of Petroleum’s official spokesperson, Hamdy Abdel Aziz, said in a press release that there have been no final decisions in regards to lifting energy subsidies within three years. He added that th...
