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Egypt imports 50% of its diesel and LPG needs, 25% of petrol
The committee also decided to keep the diesel price at EGP 6.75 per liter and hold the selling price of diesel tonnes for non-electricity and bakery uses at EGP 4250 per tonne.
The price of a litre of octane petrol 92 increased to EGP 8, up from EGP 6.75. Moreover, the price of octane petrol 80 and diesel fuel both increased from EGP 5.50 to EGP 6.75.
Agency injected EGP 152m in past years to convert 30,500 cars, including 25,500 transport cars, 5,000 passenger cars
Gasoline, diesel, butane account for largest part of imports, imports will be cut in 2019, as several new refining units in Egypt spring into action
Egypt’s crude oil production increased to 661 bpd
Egypt is set to receive a diesel shipment as part of its petroleum products agreement with Saudi Arabia’s Aramco this weekend. Head of the Egyptian General Petroleum Corporation (EGPC), Abed Ezz El Regal, said that the agreement with Aramco includes committing to the timetable of shipments. He added that four shipments of fuel, including two …
Aramco supplies Egypt with 12 diesel shipments a month
A recent study found that some biofuels produce three times the emissions of diesel, justifying an about-face in European Union policy in 2012. But biofuel companies say they are being punished based on bad science.
Like much else in Libya, the financial system has broken down. Corruption is endemic throughout the economy, while smuggling hard currency and diesel have become lucrative businesses. Nancy Porsia reports from Tripoli.
Germany’s vehicle safety regulator KBA has accepted Volkswagen’s proposed repairs for its emissions-cheating EA189 diesel engines in Europe, allowing the carmaker to apply an inexpensive refit to lower emissions
US regulators said Monday Volkswagen’s cars with larger diesel engines were also found to have violated the country’s pollution rules.
Daily reduction of 725m cubic feet of gas at factories; gas supply to EBIC, Alexandria Fertilizers, and Egyptian Fertilizers stopped
Egypt has proposed three petrochemical projects to the UAE for a total investment of $540m, according to a senior official at the Ministry of Petroleum. The projects included establishing a factory to produce bio-ethanol from molasses, the output of which would reach 100,000 tonnes of molasses annually, with investment in the project totalling $250m. The …
This follows a surprise increase in consumption took place on Friday following the announcement that fuel prices would increase.
Ministry official says the increase follows a diesel fuel price rise from EGP 1.10 to EGP 1.8 per litre
Government cutting energy subsidies, preparing diesel and gasoline price increases, likely to exacerbate suffering of 26% of Egyptians under poverty line
Removing diesel subsidies from November onward would pose extra burden on already suffering tourism sector, says deputy chairman of Chambers of Hotels
Government hopes to remove diesel subsidies in early November in two stages; hotels and tourist transportation companies to receive diesel at actual price of EGP 5.35
The tourism sector receives diesel fuel at EGP 1.10 per liter, and this price will rise to EGP 5.35 once subsides are removed, according to the official.
Ministries of Electricity and Petroleum have launched initiative to reduce 20% of electricity consumed annually and thereby decrease energy deficit
Egypt has made various offers to the UAE, Saudi Arabia and Kuwait regarding a number of projects, including the establishment of laboratories for refinement areas in Ain Sokhna, the North Coast, Alexandria and Upper Egypt.
EGAS to no longer pump gas to EDCO factory
Ministry says 77% of natural gas and diesel supply were delivered to cement factories in January and February
The route is considered an alternative to the Suez Canal when transporting petrol from the Arabian Gulf to the coast of the Mediterranean Sea.
Army says it destroyed several underground tanks containing over 300,000 litres of diesel
The most recent statistics coming from the Egyptian General Petroleum Company show that the number of private and public registered fuel stations throughout the country totaled 2,700 by the end of 2011.