smart cards | Egypt Oil & Gas
El Molla: Smart Cards Do Not Affect Fuel Prices
Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, announced during a television interview that there is no connection between the fuel smart cards system and the recent fuel prices increase, Amwal ...
Egypt Applies Smart Cards to Industrial, Energy Sectors
The Egyptian government started implementing the smart card system for heavy fuel oil and diesel supplied to factories and power plants as well as bakeries in order to supervise the distribution of petroleum products ...
Egyptians Applied for Fuel Smart Cards
Smart Cards Manager at E-Finance, Khaled Abdel Ghany, stated to Egypt Oil&Gas that the number of Egyptian citizens who have applied for fuel smart cards reached 5.5m in January, out of 6.5m of eligible beneficiari...
Egypt Delayed Fuel Price Hikes
A governmental official stated to Egypt Oil&Gas that the Egyptian government led by Prime Minister, Sherif Ismail, decided to delay increasing fuel prices to May 2017. This came in hopes to linking the price hikes... Egypt Spends EGP 13b on Fuel Imports
An official with the petroleum sector stated to Egypt Oil&Gas that Egypt imports bill for petroleum derivatives including benzene, diesel and mazut, as well as liquefied natural gas (LNG), has reached EGP 13b a mo...
Egypt’s LPG Reserves Increased
A government official told Egypt Oil&Gas that the strategic LPG reserves in Egypt increased to reach the level of sufficiency for 25 days, instead of 17 days. The increase will help to unblock production bottlenec... Abdul Ghani: 50,000 New Subscribers Officially Registered
Khaled Abdul Ghani, the project director for the fuel subsidy cards at e-Finance told Egypt Oil & Gas that 50,000 new subscribers were registered prior to the actual application of fuel stations in the governorate... Egyptian Citizens Each Receive an Average of EGP 692 Worth of Subsidized Petroleum Products
In its “budget of citizen costs for the current fiscal year (2015-2016),” the Ministry of Finance announced that the subsidy bill for petroleum products this year was EGP 61.7b—compared to EGP 100.3b—during the last f...
