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, Al-Ahram reported. According to Khaled Kandil, member of the Supreme Committee of Al Wafd Party and Cha...
Petroleum Arrows Controls 23% of Product Transportation
Petroleum Arrows has a share of around 23% in the petroleum products transportation market across Egyptian governorates, company Chairman Ahmed Abdel Motteleb told Amwal Al Ghad. The company has increased petroleum pr... Egypt’s Biggest Budget Sees EGP 52.9 B Petroleum Subsidies
Petroleum product subsidies have been set at EGP 52.9 billion in the public budget for fiscal year (FY) 2019/20, decreasing by EGP 35 billion, around 39.8%, compared to the previous year. The House of Representatives ...
Ministry of Finance Denies Rumored New Fuel Prices
The Ministry of Finance has officially negated rumors circulating social media platforms regarding changes in the prices of fuels and petroleum products, Egypt Oil & Gas reports. The rumors originated through a fa...
Egypt Files 75 Cases Against Petroleum Manipulators
The General Directorate of Supply and the Internal Trade Police filed 75 cases against manipulators of petroleum products and butane cylinders within four days, Ahram Gate reported. Legal measures against every incide...
Petroleum Products Consumption Falls by 3.69% YOY
Consumption of petroleum products in Egypt dropped by around 3.69% year-on-year (YOY) in March 2019, reaching 2.711 million tons, compared to 2.815 million tons in the same month last year, Egypt Oil & Gas reports...
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...
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, Egypt Oil & Gas reports. ...
