Petroleum ministry
Qandil leaves for Iraq
Egypt
March 4, 2013
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
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…
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…