Petroleum Subsidy | Egypt Oil & Gas

Petroleum Products Subsidies Fall by 46% in Q1 FY 2020/21

Petroleum products subsidies fell by about 46% during Q1 of the current fiscal year (FY) 2020/21.

Egypt Spent EGP 14b in Fuel Subsidies

Egypt's petroleum subsidies reached EGP 14b in the first quarter of currently fiscal year 2016/2017, which started in July. This came as a result that Brent is trading at a higher price than the $40/b used in state b ...

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