subsidy reforms | Egypt Oil & Gas
Oman Takes Long-Awaited Fuel Price Reforms
Oman has announced it will rise gasoline prices as of mid January, reported Trade Arabia. The new prices per liter of gasoline will be 0.160 rials ($0.4156) for 95 Octane and 0.140 rials for 90 Octane. Diesel will cos... Oman Preparing for Tough Round of Subsidy Cuts
Gulf News was able to learn that the Sultanate of Oman will cut fuel subsidies beginning next year. An official from the Ministry of Finance confirmed the reduction will be gradual in order to ensure that the public w...
Bahrain Subsidies Hit by Oil Prices
Bahrain more than doubled the prices of beef and chicken, removing meat subsidies to save money as low oil prices squeeze government’s revenues, reported Reuters. Only Bahraini citizens will be compensated with ...
Saudi Arabia Contemplating Wide-Ranging Cuts Under Price Pressure
Bloomberg has cited anonymous but well placed sources that Saudi Arabia is working with advisers on a review of the country’s capital spending plans to save money. They also said the Saudi regime may even delay or shr...
Fuel Smart Card System to Take Effect from June 15
Egypt will begin rolling out a smart card system for subsidised fuel from June 15, the head of the firm overseeing the project said, part of plans to reduce costly energy subsidies over time. Fuel subsidies have long ...
Bahrain to Up Gas Prices With Subsidy Reforms on Other Fuels
Companies will pay more for gas from today (April 1), the National Oil and Gas Authority (Noga) announced yesterday. Readjusted diesel prices were given the green light by Bahrain’s Cabinet at its weekly session on Ja...Page 1 of 1
