Fuel | Egypt Oil & Gas - Part 7

Liberian Government Increases Fuel Prices

The new prices have increased from $3.16 to $3.26 for a gallon of gasoline, while the retail pump price for a gallon of diesel fuel has increased from US$3.13 to $3.26.

Egypt Negotiates 250,000 Tons of Fuel Imports

The Egyptian government is currently conducting new negotiations with a number of foreign suppliers to import fuel for April and May.

Egypt Seeks 2m tons of Fuel to Fill Gap

Egypt needs around 2m tons of fuel annually to fill the gap between supply and demand.

Fuel Smart Card System to Provide10 Litres a Day

Sherif's Cabinet agreed on allocating ten liters of subsidized fuel a day for each citizen registered in the smart card system.

Nigeria Receives 128 Bids for Oil-for-Fuel Swaps

Nigeria's state oil company received 128 bids from companies that want to exchange processed fuels for as much as 800,000 b/d of unrefined crude in 2017.

UAE to Increase Fuel Prices in March

The UAE has seen hikes in petrol and diesel prices since the start of 2017, for three consecutive months now.

Misr Petroleum Denies Rumors of Cheated Fuel Supply

The Chairman of Misr Petroleum Company, Mohamed Shaban denied rumors of providing cheated fuels in a Heliopolis gas station.

Puma Energy to Expand in South Africa’s Fuel Market

Puma Energy plans to increase its market share in the South African fuel sector from the current 3 % to 8 % by 2021.

Egypt Applies Smart Cards to Industrial, Energy Sectors

The Egyptian government started implementing the smart card system for heavy fuel oil and diesel supplied to factories and power plants

Egypt to Import 320,000t of Fuel

Egypt will import 320,000t of benzene and diesel per month during November and December in order to meet local demands and avoid fuel shortages.

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