gasoline | Egypt Oil & Gas - Part 3
House of Representatives Approves Additional Fees for Gasoline
The House of Representatives has approved proposed fees on gasoline and its derivatives, Al-Ahram reported. The Ministry of Finance had submitted a draft earlier to the House of Representatives, amending some provisio...
ATG System to be Completed Soon
Phase 2 of Automatic Tank Gauging (ATG) system is almost completed, according to Adel Ayyad, Chairman of the Board of Directors of the Cooperation Company for Petroleum, Al Mal reported. This is the second phase of th...
Algeria’s Sidi Rezine Output Reaches 3.645 MM Tons
Sidi Rezine has restarted its operations and increased its annual output to reach 3.645 million tons, up from 2.7 million tons, according to Reuters. The Algerian oil refinery was shut down in 2018 for the mode...
Iran Restores Stability Amid Fuel Prices Hike
Iran introduced gasoline rationing and price hikes of at least 50%, which led to the country’s unrest, according to Reuters. The price of a liter of gasoline was increased by 5,000 rials, reaching 15,000 rials and the...
Lebanon to Launch Gasoline Tender
The Ministry of Energy and Water in Lebanon will launch a tender for gasoline in December, according to the Minister of Energy, Nada Boustani, Zawya reported. Boustani said that the tender would supply about 10% of th...
Iraq Raises Gas Oil, Gasoline Production
The Iraqi Ministry of Oil announced that domestic production of gas oil and gasoline has increased during 2019, Reuters reported. The current rate of gasoline production stands at 14. 29 million liters per day (b/d), ... 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, according to Abed Ezz El Regal, the Egyptian General Petroleum Cor...
Fuel Consumption Decreases by 5% in July
Fuel consumption declined by 5% during July, following the introduction of the automatic fuel pricing mechanism, a source in Misr Petroleum Company reportedly told Amwal Al-Ghad. Total petroleum products consumption d...
