Fuel | Egypt Oil & Gas - Part 11
PetroSA CEO Under Investigation in South Africa
South Africa’s state oil company PetroSA said on Friday it had terminated its CEO’s contract, reported Reuters. Nosizwe Nokwe-Macamo, alongside two other executives, were placed on special leave to allow an inve...
Tarek El Molla: No Truth to Increase in Fuel Prices
During a press conference at the ministry of petroleum, Tarek El Molla, Minister of Petroleum and Mineral Resources, confirmed that there will be no decrease in subsidies of petroleum products, reported Egypt Oil &...
EGPC to Boost Fuel Supply
EGPC Vice Chairman for Operations, Amr Mostafa, told Egypt Oil & Gas that a decision was taken to pump 38,000 tons of diesel and 18,000 tons of gasoline to all fuel stations in the country to eliminate some of the...
Egypt to Import Petroleum Products from Kuwait
Negotiations with Kuwait are underway to supply with new quantities of petroleum products Egypt for the winter period during the years 2016 and 2017, reported Egypt Oil & Gas. The quantity under negotiation is hal...
Fuel Trucks and Stations to Be Monitored Electronically
Egypt Oil & Gas learned that Tarek El Molla, Minister of Petroleum and Mineral Resources, held an extended meeting with heads of fuel distribution companies in Egypt to put together an advanced strategy for distri...
Egypt to Reduce Energy Subsidies to Under $8b in FY2016
The Egyptian government will reduce energy subsidies to less than $8b this fiscal year, reported the Cairo Post. Egypt is working to balance its public spending as the country faces falling reserves and fewer loans an... Ministry of Petroleum: Strategic Gasoline Reserves Enough for 15 days
In a statement to Egypt Oil & Gas, Hamdi Abdel Aziz, the Ministry of Petroleum’s official spokesman, confirmed that the country’s strategic reserve of gasoline is sufficient for 15 days. He added that curre...
Petroleum Minister Follows Up on Plan to Secure Winter LPG Supply
Tarek El Molla, the Egyptian Minister of Petroleum and Mineral Resources, convened a meeting to follow up on the preparations being currently made to ensure there is a sufficient supply of butane gas for winter. The p...
