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Egypt to receive diesel shipment from Aramco

Egypt is set to receive a diesel shipment as part of its petroleum products agreement with Saudi Arabia’s Aramco this weekend. Head of the Egyptian General Petroleum Corporation (EGPC), Abed Ezz El Regal, said that the agreement with Aramco includes committing to the timetable of shipments. He added that four shipments of fuel, including two …

Mohamed Farag

Petroleum ministry proposes petrochemical projects worth $540m to UAE

Egypt has proposed three petrochemical projects to the UAE for a total investment of $540m, according to a senior official at the Ministry of Petroleum. The projects included establishing a factory to produce bio-ethanol from molasses, the output of which would reach 100,000 tonnes of molasses annually, with investment in the project totalling $250m. The …

Mohamed Adel

A solution for Egypt’s fuel crisis?

The recurring petrol and diesel crises have left Egypt’s streets paralysed and the people angry. Despite the continuity of the diesel crisis throughout the past months, the petrol crisis is primarily affecting Egyptians from middle and upper classes, a phenomenon unprecedented on the current scale. The government has promised the crisis will end once the new smartcard system is in effect. The Daily News Egypt reviews the new system and asks people about the system’s feasibility and convenience to their needs.

Sarah El Masry

Queues for fuel cause mayhem

The same day in Menufiya, a policeman was injured after residents blocked the Cairo-Alexandria road, in protest against the failure to secure fuel quotas which were promised by the governor.

Nada Badawi