fuel shortage

Petroleum Ministry reduces gas exports to meet local needs
Egypt

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

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

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

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

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

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

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

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

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

FECC: Fuel shortage at least 40%

    Egypt is suffering between a 40 and 75 percent fuel shortage, while the shortage for Liquid Petroleum Gas…
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