Fuel imports costs $450m monthly
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
Latest in Tag: Butane Highlight
Latest in Tag: Butane
1.1m butane gas cylinders available daily in Ramadan: Petroleum ministry
Butane gas consumption sees only slight rise of 3%-4% in Ramadan, says former EGPC Vice Chairman
Mehleb blames ‘mobs’ over butane gas crisis ahead of Economic Summit
LPG cylinder shortage has been increasing since beginning of 2015
World Bank agrees to $500m Egypt loan for home gas delivery: Mehleb
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
World Bank negotiating $500m loan for gas delivery to homes
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
Raising fuel prices increases corruption and burden on the poor: Petroleum expert
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
Big Rental sells gas, butane-powered electric generators during energy shortage
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.
Finance minister proposes raising energy subsidies for 2013/2014 budget
Once the card owner depletes their allotment of the subsidized fuel, they will then be forced to pay market prices.
Wheat shipments arrive at Alexandria
Liners from US, Brazil, Australia, Romania and Ukraine arrive in port city carrying 227,000 tonnes of wheat
Plans to use smart cards to distribute butane cylinders
The programme will be piloted Minya next month, with plans to spread it nationwide