Gasoline, diesel, butane account for largest part of imports, imports will be cut in 2019, as several new refining units in Egypt spring into action
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Butane gas consumption sees only slight rise of 3%-4% in Ramadan, says former EGPC Vice Chairman
LPG cylinder shortage has been increasing since beginning of 2015
Prime Minister Ibrahim Mehleb held talks with World Bank Group President Jim Yong Kim on how to use bank’s financing for development projects in Egypt
Correction: Daily News Egypt is republishing this article because the World Bank was incorrectly said to have already approved the loan in the original article
Government reduced allocations for petroleum subsidies to approximately EGP 104bn from EGP 134bn in 2013/2014, raising fuel prices in the local market, according to the proposed 2014/2015 budget
This means that citizens who use gas lines connected to their place of residence to run on electric generators can face legal repercussions under criminal law.
Once the card owner depletes their allotment of the subsidized fuel, they will then be forced to pay market prices.
Liners from US, Brazil, Australia, Romania and Ukraine arrive in port city carrying 227,000 tonnes of wheat
The programme will be piloted Minya next month, with plans to spread it nationwide