Latest in Tag: diesel Highlight
Latest in Tag: diesel

Egyptian crackdown on fuel smuggling to Gaza continues
Army says it destroyed several underground tanks containing over 300,000 litres of diesel

Second stage of smartcard programme set for 1 August
The most recent statistics coming from the Egyptian General Petroleum Company show that the number of private and public registered fuel stations throughout the country totaled 2,700 by the end of 2011.

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.

Empty streets offer reprieve from fuel crisis
Ahead of massive opposition protests, streets in Cairo and elsewhere have cleared, offering a significant improvement in petrol station queues

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.

Mismanaging the fuel crisis
Egypt’s government fails to solve diesel shortages amid active bootleg markets

Electricity minister: Calls to not pay bills ‘irresponsible’
Minister of Electricity and Energy Ahmed Emam says electricity crisis was ameliorated by renewed fuel supplies

Electricity Ministry: citizens must share burden with state
The Ministry of Electricity and Energy says the government is working on remedying the current power crisis, but dependence on fuel imports to meet domestic demands will strain state budget

Cabinet division over fuel subsidies programme
Recent statements made by the petroleum minister regarding the fuel subsidies programme have caused intense controversy within Prime Minister Hesham Qandil’s government.

Cleaner Saudi Yanbu refinery back online
There has been a shift in Middle Eastern refineries to produce cleaner fuel as they are looking to target export markets.

Cairo Supply Directorate: Unlimited amounts of bread during Sham El-Nessim
Regulatory oversight of Cairo bakeries and bread vendors tightened to ensure necessary amounts of bread available over holiday

Wheat shipments arrive at Alexandria
Liners from US, Brazil, Australia, Romania and Ukraine arrive in port city carrying 227,000 tonnes of wheat

Cairo Supply Directorate: 93% of bakeries set to employ new baking system
System in place to help bakeries cope with fuel crisis

CBE: ‘Foreign currency reserves did not decline’
Egyptian Central Bank denies reports of commodity shortages, requests media to be cautious when discussing economic issues
Egypt’s Economic Crisis Growing
By Sherif Elhelwa Egypt’s political and civil unrest is combining with economic decline to threaten the country’s future. President Mohamed Morsi’s decision to remove government subsidies from some forms of energy and to establish ration cards for gasoline has sparked popular anger. Dozens of Egyptians were injured when thousands of supporters and opponents of Morsi’s …

Egypt’s untold diesel story
By Farah Halime The people at Cairo-based brokerage firm Pharos Holding have sent investors a thorough breakdown of the reasons behind Egypt’s diesel crisis. Titled “Diesel Crisis: Unquoted Figures and Untold Stories. The Secret behind Diesel Shortages in Egypt”, the document sheds light on the country’s fuel crisis. Pharos Research sourced diesel import data from the main government …

Cabinet: Strategic goods inventory secure
Import approvals for meat, milk and poultry will last until the month of Ramadan, said the Cabinet

Mahalla microbus strike continues
Microbus drivers still striking, taxis return to work

Vodafone and Etisalat grant Ericsson right to manage mobile phone transmission stations
Ericsson will be responsible for overseeing the maintenance and repair of all Vodafone and Etisalat facilities, including ensuring an adequate supply of diesel

Two men slain in Gharbeya
Security forces delayed due to a protest on diesel prices which paralysed the streets

Mahalla drivers shut down city roads
As the diesel crisis worsens, Mahalla drivers respond by blocking the city’s main roads

Central Bank launches new initiative to boost tourism sector
Amr Shetta, from Orascom Hotels and Development, said that ‘it is not the Central Bank’s role’ to help the sector, which is a matter of ‘government concern’

Giza beefs up efforts to prevent diesel smuggling
Daily information briefs from all the governorate’s fuelling stations will be publically posted online

A paralysed city: The diesel fuel crisis
Though it is not the first time a gas or diesel shortage has plagued Cairo and several other governorates, the recent crisis in Egypt has left the capital city paralysed due to a major strike organised by microbus drivers. It seems these strikes by transport drivers are much larger than they have been in the past. Daily News Egypt investigates the mounting diesel fuel problems in the country, looking at how they are affecting ordinary citizens and what the government is doing in response.

Thirty-three thousand tonnes of diesel arrive in Alexandria
Ministry of Petroleum takes measures to combat smuggling

Government announces 50% fuel price hikes for cement, brick factories
The government will raise natural gas, fuel oil, and diesel prices

Diesel supply restricted
Ministry of Petroleum tries to solve diesel shortage in Egypt

Egypt seeks to meet energy needs
EGPC is seeking to buy 968 thousand tonnes of diesel to be delivered between April and June
Fuel for electricity costs EGP 26.9 billion after new price hike
Petroleum, electricity and finance ministries to hold discussions about price raise

Petroleum Ministry raises diesel quota for electricity stations
Fears of supply shortages arise as Petroleum minister decides to channel more diesel to power stations