Egypt's government said it was determined to tackle the subsidies' burden and cut most within five years.
05.07.2014
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News by
Reuters
The country is suffering from a shortage in gas supplies, which has affected completion of some petrochemical projects.
05.07.2014
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News by
Zawya
Egypt will raise fuel prices in ranges that reach up to a 78 percent hike starting midnight, an Oil Ministry source told Reuters on Friday.
05.07.2014
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News by
Aswat Masriya
There is positive relationship between the cost of gas and the percent of consumers who change their spending patterns because of gas prices.
05.07.2014
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News by
Forbes
Subsidy going to energy amounts to LE100.3 billion after the cuts, while the electricity sector gets LE27.2 billion in the new budget.
03.07.2014
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News by
All Africa
Explorers in Egypt expect constraints on domestic energy prices to loosen, urging new investment in oil and natural gas fields.
02.07.2014
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News by
Daily Star Lebanon
An official Source in Vodafone Egypt revealed that in case of boosting fuel price Vodafone will increase prices for its services.
02.07.2014
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News by
Zawya
State to raise prices of all petroleum products and electricity in order to reduce budget deficit to 10 percent of GDP by 2015.
30.06.2014
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News by
Ahram Online
The letter sets out terms of a final accord, including the sale of 7 billion cubic meters of gas a year for 15 years at a price to be determined.
29.06.2014
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News by
Bloomberg
Egypt can export LNG but cannot import it without installing the terminal.
29.06.2014
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News by
Reuters
The new investments come within the framework of BAPETCo's 2014/15 budget, which has been endorsed by the Egyptian oil minister.
29.06.2014
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News by
Zawya
The latest government figures put Egypt's debts to foreign oil companies operating there at $5.7 billion.
27.06.2014
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News by
World Bulletin
The offer of five 145,000-cubic-metre cargoes was made after a visit by Egyptian President Abdel Fattah al-Sisi to Algiers.
26.06.2014
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News by
Business Insider
Energy prices in Egypt are among the cheapest in the world, with subsidies eating up a fifth of state spending.
21.06.2014
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News by
Reuters
Gas fields in Alexandria governorate hold an estimated 5 trillion cubic feet of gas and produce 1.2 million cubic feet per day.
21.06.2014
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News by
Ahram Online
State-run gas company EGAS had reached an agreement in principle with RWE DEA to modify its current Delta concession contract.
19.06.2014
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News by
Reuters
Natural gas production also down by 14 percent from same period last year, as government looks to improved year in fiscal year starting in July.
18.06.2014
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News by
Ahram Online
The government hopes the programme will allow authorities to analyse fuel consumption data before enacting reforms to the wasteful subsidy system.
17.06.2014
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News by
Reuters
Egyptian exports grow by 3% in May after continuous monthly decline since the beginning of 2014.
11.06.2014
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News by
Daily News Egypt
Three leading banks in Egypt will be arranging a syndicated loan worth $161 million for Assiut Oil Refining Company (ASORC).
07.06.2014
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News by
Zawya
