smart cards | Egypt Oil & Gas

Misr Petroleum to Provide E-Payment Solutions for Fuel Supply

Misr Petroleum Company signed an agreement with E-Finance company to activate the fuel management and operation system by providing e-payment solutions for the company’s clients.

El Molla: Smart Cards Do Not Affect Fuel Prices

The increase in benzene and diesel prices follows the Egyptian Cabinet's decision to cut fuel subsidies in order to ease the budget deficit.

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

Egyptians Applied for Fuel Smart Cards

The number of Egyptian citizens who have applied for fuel smart cards reached 5.5m in January 2017.

Egypt Delayed Fuel Price Hikes

Egypt, led by Prime MinisterSherif Ismail, decided to delay increasing fuel prices to May 2017. This came in hopes to linking the price hikes to the generalization of the third phase of fuel smart cards across the c ...

Egypt Spends EGP 13b on Fuel Imports

Egypt imports bill for petroleum derivatives including benzene, diesel and mazut, as well as liquefied natural gas (LNG), has reached EGP 13b a month.

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.

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 governorates, ...

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 ...

Egypt to Issue Fuel Smart Cards for Fishing Vessels

The Ministry of Finance issued a statement saying that it is working on issuing gasoline cards to registered fishing boats and has already issued cards to boats at Red Sea ports.

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