ministry of petroleum

Egypt implements first fuel price hike of 2024
Egypt

Egypt implements first fuel price hike of 2024

Egypt’s Ministry of Petroleum raised fuel prices on Friday. The increase applies to all octane levels and diesel. Following repeated…
Fuel prices raised by 25 piasters in Egypt starting Friday
Egypt

Fuel prices raised by 25 piasters in Egypt starting Friday

The Petroleum Products Automatic Pricing Committee announced on Friday of increasing the price of all types of gasoline by 25…
Egypt denies importing Iranian Oil: Petroleum Ministry
Business

Egypt denies importing Iranian Oil: Petroleum Ministry

  Sources from the Ministry of Petroleum have denied that Egypt has imported any crude oil or oil products from…
Egypt adds 15th developmental well to Noroos gas field
Egypt

Egypt adds 15th developmental well to Noroos gas field

  Minister of Petroleum Tarek al-Mulla announced the addition of the “Niduko South West 3” well to the production map…
Govt aims to sell fuel at its cost price: official
Egypt

Govt aims to sell fuel at its cost price: official

Spokesman for the Petroleum Ministry Hamdy Abdel Aziz said that the government aims to increase domestic production of petroleum products…
Egypt to provide UK with LNG Shipment soon: LNG World News
Egypt

Egypt to provide UK with LNG Shipment soon: LNG World News

The UK is expected to receive liquefied natural gas (LNG) shipments from Egypt’s Shell-operated Idku liquefaction plant soon, according to…
16 natural gas projects worth $25 bn planned in Mediterranean
Business

16 natural gas projects worth $25 bn planned in Mediterranean

Minister of Petroleum and Mineral Resources Tariq al-Mulla said that Egypt has many opportunities to support the growth of gas…
Egypt aims to cut fuel imports to 10 percent of consumption by 2019
Business

Egypt aims to cut fuel imports to 10 percent of consumption by 2019

Egypt is looking to ramp up petroleum production over the next two years, aiming to reduce fuel imports to about…
IMF backs Egypt plan to remove fuel subsidies in three years, ease inflation
Economy

IMF backs Egypt plan to remove fuel subsidies in three years, ease inflation

The International Monetary Fund is encouraged by Egypt’s efforts to remove fuel subsidies within three years and push inflation down…
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