Petroleum ministry

Petroleum Ministry denies reports of impending power cuts
Egypt

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

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

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

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

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

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

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

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

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

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…
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