gasoline | Egypt Oil & Gas - Part 4

Petroleum Ministry Increases Petroleum Products in the Market

The Egyptian Ministry of Petroleum is preparing for Ramadan through increasing the petroleum products amounts pumped into the local market by 15 to 20%, while placing extensive monitoring on distribution from refineri...

ASORC Establishes $450 million High-Octane Gasoline Project

Assiut Oil Refining Company (ASORC) is establishing a high-octane gasoline complex with investments worth $450 million, said Mahmoud El Shaboury, head of ASORC, Egypt Oil & Gas reports. The project will have 660,0...

North Sinai Adopts New Petroleum Plan

North Sinai’s Directorate of Supply and Internal Trading have applied a new plan to monitor the movement of petroleum products, deliver it to citizens, and prevent it from reaching terrorist groups, Fathy Rashed, head...

95-Octane Gasoline Price Remains the Same

The Egyptian government has decided to keep the price of 95-octane gasoline at EGP 7.75 per liter during Q2 of 2019, Egypt Oil & Gas reports. The decision came as the technical committee assigned for 95-octane gas...

Aramco, Indonesian Company Strike Gasoline Supply Agreement

Saudi Aramco Products Trading Company (ATC) and Indonesia’s Pertamina struck a gasoline supply deal, as Aramco looks to increase its presence in the Southeast Asian market, Platts reported. ATC and 15 other regional s...

Iran to Halve Gasoline Imports

Iran plans to halve its gasoline imports during summer 2018, the Financial Tribune reported. Mohammad Reza Mousavikhah, head of the National Iranian oil Products company, said that imports will see a 50% reduction bet...

Egypt Aborts 8M Gasoline Liter Trafficking Attempt

Egypt’s General Directorate of Supply and Trade Police has managed to abort 156 attempts to illegally traffic 8.283119 million liters of gasoline and diesel, as well as 56,000 butane cylinders into the black market, A...

Egypt’s Consumption of Gasoline and Diesel Declines

Egypt’s consumption of gasoline and diesel fell 4.2% and 7.1% respectively in the first quarter of fiscal year 2017-2018, Reuters reported. Egypt’s consumption of diesel reached 3.419 million tons in the period from J...

EGPC Denies Reports of Diluted Gasoline

The Egyptian General Petroleum Corporation (EGPC) denied reports spread on social media that a number of gasoline stations were mixing water with their gasoline, Egypt Oil & Gas reports. The company has analyzed g...

Egyptian Consumers Pumping Less Diesel

Daily demand for diesel has fallen by more than 12% since this summer, an official at the Egyptian General Petroleum Corporation (EGPC) told Al Mal News. Consumers are purchasing, on average, 44 million liters of dies...

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