prices | Egypt Oil & Gas - Part 2

Saudi Arabia May Slash October Crude Prices for Asia

Due to weak demand in the region and rising arbitrage shipments, the world's top oil exporter Saudi Arabia may lower October prices for the majority of crude grades it delivers to Asia.

Egypt’s MSIT: Bakeries Will Not Be Affected by New Diesel Prices

Minister of Supply and Internal Trade Ali Meselhy announced that bakeries will not be affected by the new prices of diesel, noting that bread prices will be the same.

Egypt Raises Fuel Prices in Q3 2022

Oil Ministry Spokesman Denies Rumors About Natural Gas Price Hikes

Egyptian Oil Ministry Spokesman Hamdy Abdel Aziz rejected rumors about a possible increase in natural gas prices, regarding figures published on social media as false. The official natural gas prices were publishe ...

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 ...

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