fuel subsidies
Smartcard system for subsidized fuel to start in July
Egypt
February 19, 2013
Smartcard system for subsidized fuel to start in July
Petroleum Minister Osama Kamal announced Monday that subsidized fuel will be distributed through a smartcard system starting in July. The…
Minister: Fuel crisis result of smuggling, not poor supply
Egypt
February 12, 2013
Minister: Fuel crisis result of smuggling, not poor supply
Egypt's fuel crisis is the result of illegal trade rather than a supply shortage, Petroleum Minister Osama Kamal has said,…
Powering the nation with sun and sand
Environment
January 24, 2013
Powering the nation with sun and sand
Green energy would provide a stable business environment and protection against rising electricity and water prices, Tourism Minister Hesham Zaazou…
Govt slows diesel price increase in response to strike threats
Business
December 23, 2012
Govt slows diesel price increase in response to strike threats
The government has ordered a controversial 130 percent increase in the price of diesel fuel for industry put on…
Egypt issues diesel tender to meet fuel gap
Egypt
December 19, 2012
Egypt issues diesel tender to meet fuel gap
The Egyptian General Petroleum Corporation issued on Wednesday a tender requesting 450,000 tons of diesel per month from January until…
Petroleum minister: Sukari gold mine problem resolved
Business
December 13, 2012
Petroleum minister: Sukari gold mine problem resolved
Petroleum Minister Osama Kamal has said that the dispute between the Egyptian General Petroleum Corporation and Centamin, the company that…
Subsidy on 95-octane gasoline to be lifted in 3 days, says Finance Ministry source
Egypt
November 22, 2012
Subsidy on 95-octane gasoline to be lifted in 3 days, says Finance Ministry source
The Finance Ministry will lift the subsidy on 95-octane gasoline in three days in a move that will bring savings…
Cabinet to remove subsidies for octane 95 gas
Business
November 21, 2012
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.
Misr Petroleum officials charged with smuggling subsidized oil products
Egypt
November 13, 2012
Misr Petroleum officials charged with smuggling subsidized oil products
Public Prosecutor Abdel Meguid Mahmoud on Tuesday referred six current and former officials of Misr Petroleum in the Suez Canal…
Petroleum minister: Gas exports to Jordan, Spain halted
Egypt
October 15, 2012
Petroleum minister: Gas exports to Jordan, Spain halted
Petroleum Minister Osama Kamal said that Egypt has stopped exporting gas to Jordan and Spain because of increasing gas consumption…