Fuel Pricing Mechanism | Egypt Oil & Gas

Fuel Consumption Decreases by 5% in July

Fuel consumption declined by 5% during July, following the introduction of the automatic fuel pricing mechanism.

Government Chooses Provider of Fuel Hedging Contract

The oil and finance ministries have chosen a firm to sign fuel hedging contracts with the government.

IMF: Fuel Price Mechanism to Strengthen Egyptian Budget

The International Monetary Fund (IMF) has said that the recently-approved automatic fuel price mechanism will protect Egypt's budget from movements in the global oil markets.

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