Fuel | Egypt Oil & Gas - Part 12
Tuk Tuks and Motorcycles to Be Included in Smart Card System
In a statement made to Egypt Oil & Gas (EOG), Khaled Abdul Ghani, Director of the Smart Card system, said that statistics are being compiled for or those eligible to receive subsidies within the smart cards system...
Ministry of Petroleum to Boost Fuel Supply for Eid
Tarek El Molla, Egypt’s new Oil Minister, announced that the ministry will ensure additional quantities of diesel fuel and gasoline are supplied to the market especially during the feast days, with a focus on h...
Signs of Fuel Crisis in Cairo
Signs of a fuel crisis are beginning to emerge in Cairo neighborhoods after a number of gas stations ran out of fuel yesterday, reported Egypt Oil & Gas (EOG). Most of the gas stations were empty in Maadi, Shubra,...
Petroleum Ministry Signs New Deal with Saudi Aramco
The Ministry of Petroleum announced signing of an agreement with Saudi Aramco – the largest energy company in the world – to provide Egypt with its needs of petroleum products for three months, reported Reuters. Repay...
Egypt to Issue Tender for 300,000 Tons of Fuel
Sources at EGPC told Egypt Oil & Gas (EOG) that a tender for importing 300 thousand tons of fuel and diesel will be issued end of September. The decision comes part of the government’s plan to have a 15 day...
South Valley Cement Invests EGP 200m to Shift to Coal
South Valley Cement Company (SVCE) is currently installing a coal mill that is scheduled to be finished by mid-2016, said General Manager Ahmed Ibrahim to Amwal al Ghad. The cost of the mill is about EGP 200m ($25.5m)...
Major US Refinery Shuts Down; Creates Oil Glut and Gasoline Dearth
A large gasoline refinery in the US state of Indiana has shut down for repairs after technicians discovered leaking pipes, Bloomberg reported. The shutdown is expected to heavily affect gasoline supply in the Midweste...
Nigeria’s Oil Company Kept Most of Oil Revenue
Nigeria’s state oil company earned 8.1 trillion naira ($41 billion) from 2012 until the end of May, but only paid 4.3 trillion to the federal government, the country’s National Economic Council (NEC) said ...
