fuel shortage
Petroleum Ministry reduces gas exports to meet local needs
Egypt
July 19, 2012
Petroleum Ministry reduces gas exports to meet local needs
Egypt will decrease the amount of natural gas it exports in order to meet urgent domestic needs, a move that…
Is the govt covering up the cause of the fuel shortage?
Business
July 1, 2012
Is the govt covering up the cause of the fuel shortage?
Egypt has been in the grips of an on-again, off-again fuel shortage for over a year now, with massive lines…
Finance Ministry transfers US$200 million to petroleum corporation
Business
June 12, 2012
Finance Ministry transfers US$200 million to petroleum corporation
The Finance Ministry on Tuesday transferred US$200 million to the Egyptian General Petroleum Corporation to finance the import of petroleum products,…
Ganzouri says Cabinet on suicide mission
Egypt
June 6, 2012
Ganzouri says Cabinet on suicide mission
Prime Minister Kamal al-Ganzouri defended his cabinet's performance to reporters on Wednesday, saying it has been on a “suicide” mission…
Petroleum Ministry denies responsibility for fuel shortage
Egypt
June 4, 2012
Petroleum Ministry denies responsibility for fuel shortage
The Petroleum Ministry again denied responsibility for the ongoing fuel crisis on Monday.
Egypt falters on fuel payments, suppliers say
Business
June 1, 2012
Egypt falters on fuel payments, suppliers say
Egypt has struggled to obtain bank payments for its fuel purchases, trade sources said, delaying diesel supplies for transport, industry…
Egypt buys 1.1 mn tons of local wheat, supply ministry says
Business
May 22, 2012
Egypt buys 1.1 mn tons of local wheat, supply ministry says
ABU DHABI — Egypt has bought 1.1 million tons of local wheat so far in the 2011/2012 season despite diesel shortages…
Facing edgy vote, SCAF hikes diesel imports
Egypt
May 21, 2012
Facing edgy vote, SCAF hikes diesel imports
Egypt's military rulers plan to spend close to US$1 billion on diesel this summer, a spike in imports as they…
Domestic Trade Ministry blames Petroleum Ministry for fuel crisis
Egypt
May 17, 2012
Domestic Trade Ministry blames Petroleum Ministry for fuel crisis
Social Solidarity and Domestic Trade Minister Gouda Abdel Khaleq held a conference Thursday morning to discuss the fuel crisis. Abdel…
FECC: Fuel shortage at least 40%
Egypt
May 10, 2012
FECC: Fuel shortage at least 40%
Egypt is suffering between a 40 and 75 percent fuel shortage, while the shortage for Liquid Petroleum Gas…