Natural Gas to be Primary Source of Fuel
Minister of Petroleum Tarek El Molla revealed an integrated work plan that is underway to expand the use of natural gas as a primary source of fuel for cars.
Fuel | Egypt Oil & Gas - Part 4
EGPC to Raise Fuel Inflows During Eid
The government will increase gasoline supplies pumped to the local market during Eid Al-Adha feast, by around 10% to nearly 25 million liters per day.
Fuel Consumption Decreases by 5% in July
Fuel consumption declined by 5% during July, following the introduction of the automatic fuel pricing mechanism.
Government Closely Monitoring Fuel Market
Operations rooms at the Ministry of Petroleum and the Cabinet's Information and Decision Support Center (IDSC) are closely following fuel distribution and transportation prices.
Petroleum Arrows Transports 8.5 MM of Liters of Fuel Daily
A portion of the amount being transported will be allocated to the development projects being established by the government, such as Suez Canal and the New Administrative Capital.
Diesel Consumption Reaches 1.18 MM Tons per Month
The current diesel production rate stands at 500,000 tons per month, covering around 45% of the local consumption.
Egypt To Achieve Fuel Self-Sufficiency in 4 Years
The Ministry of Petroleum and Mineral Resources aims to achieve self-sufficiency of fuel and petroleum products, in conjunction with the completion of new expansions of Egyptian refineries by fiscal year (FY) 2023 ...
Egypt Invests EGP 6.5 B in Gas Transportation Networks
The total expanded pipelines reached 1.1 million kilometers (km).
Reforms of Fuel Subsidies to be Completed in FY 2018/19: IMF
The Egyptian government is keen to attain full cost recovery for all fuel products, except for liquefied petroleum gas (LPG) and fuel used in power plants and in bakeries by the end of FY 2018/19.
Petroneel Earns $7.5 M from Fueling Jets
The company further earned $7.6 million from fueling ships in the ports of Safaga, Hurghada, Nuweiba, Sharm El Sheikh, El Hamrawein, and Abu Tartur.
