Price Increase | Egypt Oil & Gas
MPs Question Gas Price Increases
Parliament members requested on June 22 to send a letter to Prime Minister Mostafa Madbouly and Minister of Petroleum Tarek El Molla asking them to explain the reasons behind the latest increase in natural gas prices,...
Fuel Subsidies: 92-Octane Consumption Decreases Following Cuts
Misr Petroleum’s sales of 92-octane benzene has decreased since the government made further cuts to fuel subsidies in mid-June, an anonymous source at the company told Amwal Al Ghad. The source said that demand ...
Egyptian Government to Hike Electricity Prices by 26%
Electricity prices will increase by an average of 26% on July 1 as subsidy cuts included in the 2018/19 fiscal budget are introduced, according to a document released by the Ministry of Electricity. Households will se...
Egypt Fuel Prices Could See 45% Increase
Egyptian fuel prices could increase by up to 45% during Q1 2018/19, according to a recent report by Beltone Financial Holding, Amwal Al Ghad reported. The company predicted in the report that the upcoming cuts to fuel...
Fitch: Egypt’s Energy Price Increase Show Commitment
Egypt’s new budget and the decrease of electricity and fuel subsidies show that Egypt is committed to the fiscal consolidation as well as the economic reform, which is supported by the country’s Internatio... Egypt to Reprice Electricity Following Increased Fuel Quota
The spokesman for The Electricity Ministry, Ayman Hamza, said that the ministry is repricing electricity following the increase in fuel prices as a result of the EGP flotation. The move comes as the government is dete...
Egypt Plans to Increase Electricity Tariffs
The Egyptian Electricity and Renewable Energy Minister, Mohamed Shaker, announced that the government plans to increase electricity tariffs for both residential and commercial consumption. This increase in power price...Page 1 of 1
