Fuel consumption rates stabilise in domestic market after implementation of price increases
This follows a surprise increase in consumption took place on Friday following…
Government negotiating with foreign partners to adjust price of gas from $3 to $4 per 1m BTUs
Decreased gas production is result of slowdown in partners’ development and exploration…
Gas production rates decrease to 4.65bn cubic feet per day
The gas company cut 300m cubic feet of gas per day from…
Reducing energy subsidies is ‘good’ but may raise prices: Egyptian Steel chairman
Investors welcome the move to reduce energy subsidies, but ask government to…
Electricity theft, technical losses reach EGP 8bn annually: Ministry of Electricity
Ministries of Electricity and Petroleum have launched initiative to reduce 20% of…
Government agencies owe Ministry of Petroleum over EGP 150bn
Debts owed to the Ministry of Petroleum by other government agencies decreased…
West struggles for winning formula on Russian sanctions
Some of the Western bankers, money managers and oil traders who help…
Nile Delta natural gas well starts production
Field is part of the Disouq natural gas project in northern Egypt,…
Revenues from price hike in natural gas will finance its delivery to homes: Cabinet
Government says the new decision took into account needs of low-income citizens
Egypt to lift natural gas prices for homes, businesses
Price hike only affects users connected to gas grid, most citizens not…