Petroleum ministry
Petroleum Ministry denies rumors of fuel shortage
Business
January 31, 2013
Petroleum Ministry denies rumors of fuel shortage
The country is not experiencing a shortage of gasoline or diesel fuel, the Petroleum Ministry announced on Thursay. In a…
Customs blocks Sukari gold mine shipment
Business
January 2, 2013
Customs blocks Sukari gold mine shipment
Customs authorities have blocked Centamin, the Australian firm operating Sukari mine, from exporting a gold shipment because it has not…
Govt slows diesel price increase in response to strike threats
Business
December 23, 2012
Govt slows diesel price increase in response to strike threats
The government has ordered a controversial 130 percent increase in the price of diesel fuel for industry put on…
Egypt officially becomes gas-importing country to meet demand
Business
December 19, 2012
Egypt officially becomes gas-importing country to meet demand
Egypt has announced that it has changed from a gas-exporting to a gas importing country based on a decision issued…
Egypt considers importing gas from Oman, Guinea
Business
November 26, 2012
Egypt considers importing gas from Oman, Guinea
Egypt would consider importing natural gas from Oman and Equatorial Guinea, Petroleum Minister Osama Kamal said on Monday. Kamal told…
Egypt to increase gas exports to Jordan
Business
November 6, 2012
Egypt to increase gas exports to Jordan
The Petroleum Ministry on Tuesday said it is studying an increase in the gas supplies to Jordan as of mid-November.…
State losing billions on energy subsidies, says minister
Business
October 29, 2012
State losing billions on energy subsidies, says minister
The delay in implementing energy subsidy cuts is costing the state LE10 billion every three months, claimed Petroleum Minister Osama…
Petroleum minister: Gas exports to Jordan, Spain halted
Egypt
October 15, 2012
Petroleum minister: Gas exports to Jordan, Spain halted
Petroleum Minister Osama Kamal said that Egypt has stopped exporting gas to Jordan and Spain because of increasing gas consumption…
Govt to abolish 95-octane gas subsidy by year end
Egypt
October 11, 2012
Govt to abolish 95-octane gas subsidy by year end
Planning Minister Ashraf al-Araby said the government plans to abolish the 95-octane gasoline subsidy before the end of the year.…
New mobile gas stations will alleviate long lines, says minister
Business
September 27, 2012
New mobile gas stations will alleviate long lines, says minister
Petroleum Minister Osama Kamal announced on Thursday that private fuel companies would begin setting up mobile fuel stations in…