Petroleum and Mineral Resources Minister Tareq al-Molla held a meeting with the heads of marketing companies operating in Egypt, including private and state-owned companies and companies owned by Arabs and foreigners.
The meeting aimed to develop a strategy for the trading and distribution of petroleum products and to solve the problems and obstacles hindering the system.
Participants discussed linking fuel tanks in gas stations to measuring counters that would then be linked to the main center of each marketing company and the task force of the Petroleum Authority to tighten control on the trading of petroleum products and to make sure that subsidized products are sold to citizens.
The project will be implemented on several stages nationwide. The first stage will be in Cairo and Alexandria, al-Molla said.
The minister called on marketing companies to install GPS devices in vehicles which distribute fuel in order to make sure drivers only head to their destinations and do not sell the fuel to black market traders.
Edited translation from Al-Masry Al-Youm