gasoline | Egypt Oil & Gas - Part 8
US Increase Quotas for Renewable Fuels Blend
The US Environmental Protection Agency (EPA) announced earlier this week new quotas for renewable fuels blended into gasoline in 2016, higher than expected.
UAE’s Fuel Prices and Petrochems Move in Opposite Directions
The UAE ministry of energy announced it will again lower domestic prices for gasoline and diesel in December.
Iran Attracting Energy Investments, Reveals Gasoline Reserves
Iran has drawn up a package for an investment of $25b in the power sector, reported Trade Arabia.
Saudi Seriously Contemplating Slashing Energy Subsidies
Oil Minister Ali al-Naimi confirmed suspicions that the Saudi kingdom could cut its system of energy subsidies
Tarek El Molla: No Truth to Increase in Fuel Prices
During a press conference at the ministry of petroleum, Tarek El Molla, Minister of Petroleum and Mineral Resources, confirmed that there will be no decrease in subsidies of petroleum products, reported Egypt Oil & Gas.
Egypt to Import Petroleum Products from Kuwait
Negotiations with Kuwait are underway to supply with new quantities of petroleum products Egypt for the winter period during the years 2016 and 2017, reported Egypt Oil & Gas.
Egypt to Issue Fuel Smart Cards for Fishing Vessels
The Ministry of Finance issued a statement saying that it is working on issuing gasoline cards to registered fishing boats and has already issued cards to boats at Red Sea ports.
EGPC Says Fuel Crisis is Over, Dues Paid on Schedule
In an exclusive statements made to Egypt Oil & Gas (EOG), EGPC Vice Executive Chairman for Operations, Amr Mustafa confirmed that the fuel crisis had come to an end in all provinces.
