Petroleum Minister

Minister looks to revitalize mineral exploitation
Business

Minister looks to revitalize mineral exploitation

Minister of Petroleum and Mineral Resources Osama Kamal said Egypt is using only five percent of its mineral resources due…
Petroleum minister takes steps toward legalizing gold excavation in south
Egypt

Petroleum minister takes steps toward legalizing gold excavation in south

Egypt has accelerated its efforts to prevent the illegal excavation of gold in the Eastern Desert, trying to convince local…
Govt says has no intention to abolish subsidies
Business

Govt says has no intention to abolish subsidies

Petroleum Minister Osama Kamal said the government has no intention of canceling  subsidies of petroleum products from which the poor…
Government admits fuel supplies insufficient
Egypt

Government admits fuel supplies insufficient

Ongoing fuel shortages worsened in Cairo and other governorates Sunday, with the shortage in diesel fuel reaching 20–25 percent. The…
Minister: Supply increase helps relieve fuel shortage
Egypt

Minister: Supply increase helps relieve fuel shortage

An increase in supplies over the past five days helped relieve Egypt's ongoing gas and diesel fuel shortage, Egypt's petroleum…
Gas shortages in Egypt escalate despite government’s denial
Egypt

Gas shortages in Egypt escalate despite government’s denial

Gas shortages in Cairo and several Egyptian governorates continued Monday despite repeated government statements denying the crisis, saying that large…
Government considers doing away with gas subsidies
Business

Government considers doing away with gas subsidies

The government is reconsidering its policy of subsidizing petroleum products, said Petroleum Minister Abdullah Ghorab.
Finance Ministry earmarks US$300mn to fund petroleum purchases
Egypt

Finance Ministry earmarks US$300mn to fund petroleum purchases

Egypt’s Finance Ministry allocated US$300 million in mid-July for the Egyptian General Petroleum Corporation to purchase petroleum throughout the first…
Petroleum minister vows to fill gap in diesel fuel supplies
Egypt

Petroleum minister vows to fill gap in diesel fuel supplies

The Egyptian Petroleum Authority (EPA) is willing to provide as much diesel fuel as is needed by the local market…
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