Government Closely Monitoring Fuel Market
Operations rooms at the Ministry of Petroleum and the Cabinet's Information and Decision Support Center (IDSC) are closely following fuel distribution and transportation prices.
Petroleum Products | Egypt Oil & Gas - Part 12
Petroleum Products’ Subsidies Backs Economic Reform Program
The new petroleum products’ subsidies come in line with Egypt’s economic program, which aims to boost the sector.
Petroleum Arrows Controls 23% of Product Transportation
Petroleum Arrows' market share in petroleum products transportation across Egyptian governorates stands at 23%, with a rate of about 8.5 million liters per day.
Egypt’s Biggest Budget Sees EGP 52.9 B Petroleum Subsidies
Petroleum product subsidies have been decreased by nearly 40% to EGP 52.9 billion in the public budget for fiscal year 2019/2020.
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.
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.
