Government forced to import coal to fend off 2018 gas production crisis: Ministry of Petroleum
Egypt owes foreign partners $6bn to foreign partners for research and development in oil and gas
Latest in Tag: fuel shortage Highlight
Latest in Tag: fuel shortage
Ministry of Petroleum requests $4bn to import fuel for power plants
12 shipments of liquefied gas represent only 3% of one day summer’s consumption
Fuel shortage to blame for electricity blackouts: Ministry of Electricity
To address ongoing fuel shortages, the Ministry of Electricity says the country needs to turn to diesel or start importing natural gas
Egypt’s shift to large fuel suppliers “normal”, experts say
Egypt forced to change fuel suppliers as debt compiles
PM: Smartcards for fuel to come into effect next month
Cards aimed at cutting smuggling, recording consumption
Electricity Ministry: Power cuts not exceeding an hour
Ministry again asks citizens to ration their energy consumption due to fuel shortages
Cairo Supply Directorate: 93% of bakeries set to employ new baking system
System in place to help bakeries cope with fuel crisis
Russia snubs Morsi’s $2bn loan request
Russian President Vladimir Putin also turns down appeal from Morsi for wheat supplies
Iraqi embassy: No further plans for Egypt pipeline
Confirms agreement between Iraq State Oil Company and Egypt for pipeline
Tourism in the news: Egypt’s electricity crisis threatens to leave tourism sector in the dark
Hotels expect losses due to electricity cuts this summer due to damage to equipment and expensive alternatives
Aviation Ministry: Cairo International Airport to partially close down in summer
Ministry of Aviation says Cairo International Airport’s Terminal 3 will partially close down in June to save power
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
Giza beefs up efforts to prevent diesel smuggling
Daily information briefs from all the governorate’s fuelling stations will be publically posted online
Iraq to supply Egypt with 4 million barrels of oil monthly
The agreement will also supply Egypt with 4,000 tonnes of diesel per day
Railways blocked in protest over fuel shortage
Groups block railways and roads in three different governorates
Ministry of Finance allocates $100m for petroleum deficit
The Ministry of Finance (MOF) has allocated EGP 100 million to the Egyptian General Petroleum Corporation (EGPC) for supplying all electricity stations with the required petroleum needs. Minister of Finance Momtaz Al Saeed stated that during July and August, the Ministry allocated EGP 600 million to the EGPC in order to procure the necessary fuel …
Egypt blames hoarding for renewed fuel shortages
By Tom Pfeiffer / Reuters CAIRO: A second wave of fuel shortages in Egypt this year has left drivers fuming in long queues at gas stations, disrupted business and led the financially-stretched government to blame speculators for hoarding subsidized petroleum. Dozens of diesel goods trucks lined up outside filling stations on highways out of Cairo and …
Egypt tumbles on energy woes; most Gulf bourses rise
By Patrick Werr and Nadia Saleem / Reuters CAIRO/DUBAI: Egypt’s bourse made its largest single-day loss in four months as fresh political tensions, gasoline shortages and a transport strike hurt investor sentiment, while most other Gulf indices rose thanks to upbeat global markets. Cairo’s benchmark index slumped 3.6 percent, the most it has fallen since November …
Gasoline shortage hits Egypt, tempers flare
By Maggie Michael / AP CAIRO: Across Egypt, long lines of cars and trucks snake around the corner from gas stations, drivers spend the night in their vehicles waiting for fuel at the pumps, and gas stations attendants complain of receiving only half their usual quantity of fuel — or none at all. Days into an …
Egypt petrol shortage causes long queues, snarled traffic
By Agencies CAIRO: Long queues snaked outside empty petrol stations in Cairo and other Egyptian cities on Thursday, as worried motorists waited for new deliveries amid fears of price hikes and longer-term scarcity. Industry professionals say the situation has shot fuel prices up on the black market, where some motorists have no choice but to …
Gas stations around Egypt report fuel shortage
CAIRO: Despite the government’s denial of serious fuel shortages, a number of gas stations across Egypt have reported a month-long ongoing cut in supply. Iman Derbala, owner and manager of Mobil Derbala gas station, told Daily News Egypt that even though the official media is saying there is no crisis, “stations are not getting their …
Gas station owners deny responsibility for supply shortage
CAIRO: A group of 30 Cairo gas station owners demonstrated Sunday in front of Misr Petroleum, demanding proper allocation of gas and oil resources, fair commission and a change of the company’s management. Some in Egypt have experienced a shortage of supply at a number of gas stations this past week. Earlier this month, South …