prices | Egypt Oil & Gas - Part 2

El Molla: No Intention to Increase Gas Price for Industrial Sector

"There is no intention to move the prices of natural gas for the local industry at the present time, in light of the current international changes," Minister of Petroleum and Mineral Resources, Tarek El Molla, sai ...

Sonatrach Inks Agreement with Eni for Developing Natural Gas Production

Sonatrach announced that it has signed an agreement with Eni company to boost the development of natural gas production projects through the joint efforts and to increase exported gas volumes using the available c ...

European Gas Moves Forward As EU Considers New Sanctions Against Russia

Throughout Europe, natural gas prices are fluctuating as supply fears intensify alongside calls for further sanctions against Russia.

Egypt Increases Fuel Prices by EGP 0.25 in Q3 2021

Egypt’s Fuel Automatic Pricing Committee has adjusted the fuel prices and increased them by EGP 0.25 per liter for Q3 2021.

Egyptian Cabinet Approves Re-Pricing Gas for Some Industries

Prime Minister Mustafa Madboly announced that the Egyptian Cabinet approved the recommendations of the Ministerial Committee to re-price natural gas for some industries on September 30, 2019.

95-Octane Gasoline Price Remains the Same

The decision came as the technical committee assigned for 95-octane gasoline pricing met on March 31. The technical committee reconsidered the pricing scheme in light of the recently announced Central Bank of Egyp ...

Egypt to Float Benzene Prices in March

Egypt plans to announce its pricing mechanism for 95-octane benzene by the end of December 2018, to start linking the product to international prices in March 2019.

Petroleum Ministry Rejects Gas Price Reduction for Factories

Governmental sources reportedly rejected decreasing natural gas price for factories following natural gas self-sufficiency as the output will be used to cover local demands.

Iranian Oil Prices Rise 2%

Iranian oil reached its highest price in two and a half years, rising 2% on January 3.

Kuwait Increases Oil Prices by 0.44%

Kuwait increased crude oil prices by 0.44% to be $63.78 per barrel, compared to $63.5 per barrel on December 29th, 2017.

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