Petroleum ministry
Petroleum Ministry denies reports of impending power cuts
Egypt
February 14, 2013
Petroleum Ministry denies reports of impending power cuts
An official source at the Petroleum Ministry denied reports that power could be cut due to a gas shortage after…
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,…
Diesel fuel shortage enters fourth week
Egypt
February 1, 2013
Diesel fuel shortage enters fourth week
Cars queued up at gas stations on Friday for the fourth consecutive week as the diesel gas shortage continues. The…
Petroleum Ministry denies rumors of fuel shortage
Business
January 31, 2013
Petroleum Ministry denies rumors of fuel shortage
The country is not experiencing a shortage of gasoline or diesel fuel, the Petroleum Ministry announced on Thursay. In a…
Customs blocks Sukari gold mine shipment
Business
January 2, 2013
Customs blocks Sukari gold mine shipment
Customs authorities have blocked Centamin, the Australian firm operating Sukari mine, from exporting a gold shipment because it has not…
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 officially becomes gas-importing country to meet demand
Business
December 19, 2012
Egypt officially becomes gas-importing country to meet demand
Egypt has announced that it has changed from a gas-exporting to a gas importing country based on a decision issued…
Egypt considers importing gas from Oman, Guinea
Business
November 26, 2012
Egypt considers importing gas from Oman, Guinea
Egypt would consider importing natural gas from Oman and Equatorial Guinea, Petroleum Minister Osama Kamal said on Monday. Kamal told…
Egypt to increase gas exports to Jordan
Business
November 6, 2012
Egypt to increase gas exports to Jordan
The Petroleum Ministry on Tuesday said it is studying an increase in the gas supplies to Jordan as of mid-November.…
State losing billions on energy subsidies, says minister
Business
October 29, 2012
State losing billions on energy subsidies, says minister
The delay in implementing energy subsidy cuts is costing the state LE10 billion every three months, claimed Petroleum Minister Osama…