energy

Egypt to import Libya oil, pay down energy debt
Business

Egypt to import Libya oil, pay down energy debt

Egypt will import 900,000 barrels of oil a month from Libya starting in April and is paying off some of…
Govt attempts to settle dispute between energy ministries
Egypt

Govt attempts to settle dispute between energy ministries

The petroleum minister met with the electricity minister Sunday to discuss alternatives for operating power plants with the available fuel.…
Diesel supplies raised to face crisis, says supply ministry spokesperson
Business

Diesel supplies raised to face crisis, says supply ministry spokesperson

The Supply and Petroleum Ministries have agreed to raise the daily amount of diesel delivered to the market from 32,000…
Morsy issues broad tax increases, including energy, soft drinks, cigarettes, alcohol
Business

Morsy issues broad tax increases, including energy, soft drinks, cigarettes, alcohol

New public tax laws on a broad array of products and services were technically entered into force on Friday, as…
Cabinet to remove subsidies for octane 95 gas
Business

Cabinet to remove subsidies for octane 95 gas

  The Cabinet will remove subsidies on octane 95 gasoline, International Cooperation and Planning Minister Ashraf al-Araby said Wednesday.
Investor: Butane cylinders to be distributed by coupons next month
Business

Investor: Butane cylinders to be distributed by coupons next month

The Egyptian government has said it will start applying a coupon system for the distribution of butane gas cylinders next…
In lifting 95-octane subsidy, government takes small bite out of deficit
Business

In lifting 95-octane subsidy, government takes small bite out of deficit

The Egyptian government has announced that it will lift the subsidy on 95-octane gasoline in the coming week, taking the…
Update: OCI halts fertilizer plants after gas supply cut
Business

Update: OCI halts fertilizer plants after gas supply cut

Egyptian group Orascom Construction Industries has stopped production at three fertilizer lines after the state gas company cut off supplies…
Govt details fuel subsidy rationing
Business

Govt details fuel subsidy rationing

  Egypt's government plans to cut energy subsidies by setting a universal limit on how much cheap fuel and cooking…
Govt to stop subsidizing energy for cement factories, says minister
Business

Govt to stop subsidizing energy for cement factories, says minister

  The government will no longer subsidize energy for new cement factories, including 14 factories for which licenses have already…
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