petroleum subsidies | Egypt Oil & Gas

Fuel Prices to Increase by 25%

Egypt will lift fuel subsidies and subsequently increase selling prices of petroleum derivatives by 20% to 25%.

Nigerian President Rejects Currency Devaluation

Nigeria's President, Muhammadu Buhari, has reiterated that the country will not devalue its national currency, the naira, in spite of the fact that it has dropped on the secondary market to the level of 360 per $1 in ...

India to Spend all $4.5b Budgeted for Petroleum Subsidies despite Oil Plunge

India is likely to spend all of its $4.5b originally earmarked for petroleum subsidies for the year through March, despite having budgeted for $70 a barrel rude that now costs around $30.

35% Savings on Petroleum Subsidies Due to Oil Prices Decline

Savings on petroleum product subsidies will reach an estimated 35% of the current value of EGP 100 billion for the FY 2014/2015 budget if current oil prices continue as is, Minister of Petroleum Sherif Ismail said.

Page 1 of 1


Welcome! Login in to your account

Remember me Lost your password?

Don't have account. Register

Lost Password