Petroleum ministry

Petroleum Ministry denies rumors of fuel shortage
Business

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

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

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

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

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

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

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

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

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

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…
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