Latest in Tag: fuel subsides Highlight
Latest in Tag: fuel subsides
Egypt slash fuel subsidies raising petrol and diesel prices by 25%
New price for octane 80 petrol, diesel set at EGP 6.75, octane 92 petrol EGP 8, LPG cylinder to EGP 65
Government reduces fuel subsides by 16-66%, raises gasoline 92 to EGP 6.75
The Egyptian authorities decided to go ahead with hikes to subsidised government-set fuel prices on Thursday, lifting gasoline and diesel prices by between 17-66% and raising the price of a litre of gasoline 92 to EGP 6.75, up from EGP 5. The price of gasoline 80 and diesel fuel both increased from EGP 3.65 to …