Ministry of Finance Denies Rumored New Fuel Prices
The Ministry of Finance has officially negated the rumors circulating social media platforms about new fuel prices.
Petroleum Products | Egypt Oil & Gas - Part 10
Egypt Files 75 Cases Against Petroleum Manipulators
The Egyptian supply and trade police was able to monitor movements in the Egyptian market and to file 75 cases against petroleum products and butane cylinders manipulators in four days.
Petroleum Products Consumption Falls by 3.69% YOY
Egypt's petroleum products' consumption dropped by around 3.69% YOY in March 2019 to 2.711 million tons, compared to 2.815 million tons in the same month last year.
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 ref ...
Petroleum Products Consumption Drops by 11.82% YOY
Egypt’s consumption of petroleum products decreased by around 11.82% year-on-year (YOY) in February 2019 to 2.365 million tons, compared to 2.682 million tons in the same month last year.
North Sinai Adopts New Petroleum Plan
The plan will be carried out after the quantities of petroleum products sold for each citizen through fuel stations are specified.
Petroleum Products Consumption Declines 8.3% YOY
Egypt’s consumption of petroleum products decreased by around 8.3% year-on-year (YOY) in January 2019 to 2.649 million tons, compared to 2.896 million tons in January 2018.
Egypt to Cut Petroleum Subsidies by 42% in FY 2019/20
The Egyptian government decided decreasing petroleum products subsidies by 42% in the budget plan of fiscal year (FY) 2019/20.
Petroleum Arrows Transports 8.5 M Liters of Petroleum Products
The company transports 3,000 tons per day of butane, recording around 63% of the total transported amounts across Egypt.
Egypt Supplies 15.6 M Tons of Petroleum Products in 6 Months
Investments in the oil and gas sector's E&P recorded $2.6 billion, the report noted, revealing that exploration and development in the South Valley recorded $4.7 million.
