Petroleum ministry

Qandil leaves for Iraq
Egypt

Qandil leaves for Iraq

Prime Minister Hesham Qandil left Cairo on a private plane this morning on his way to Iraq for a two-day…
Smartcard system for subsidized fuel to start in July
Egypt

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…
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…
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