subsidies | Egypt Oil & Gas - Part 3
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.
Fuel Subsidies to Reach EGP 40b
Petroleum derivatives subsidies bill will reach around EGP 40b in the last quarter of 2016/2017.
Egypt to Lift Butane Subsidies by 2019
Egypt will lift subsidies on butane bottles by 2019 after applying butane coupons.
Ghana Denied Subsidizing GOIL
Ghana’s Finance Minister, Seth Terkper, denied that government pays subsidies to the Ghana Oil company Limited (GOIL). EGAS Delivered Natural Gas to Homes in 25 Governorates
According to a report issued by the Egyptian Natural Gas Holding Company (EGAS), Vice Chairman for Planning and Gas Projects, Gamal Hegazy, stated that the total gas aggregation for homes in the fiscal year (FY) 2015 ...
Oman Revises Petrol, Diesel Prices
Oman’s Ministry of Oil and Gas has announced the revised petrol and diesel prices to be effective as of March. The prices for super grade and regular petrol decreased, while diesel price remained unchanged.
Additional 400,000 Units to be Connected to Gas Grid by March
The Egyptian government has set plans to connect the national gas grid to an additional 400 thousand units by the third quarter of the current 2015/2016 fiscal year. The plans will be funded by the world bank's recen ...
El Molla: Infrastructure Investment in the Sector Reached EGP 8.8b
Current infrastructure projects investments for receiving, transfer, and trading of petroleum products in Egypt have hit EGP 8.8b, Tarek El Molla, Minister of Petroleum and Mineral Resources told Al Mal.
