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According to the Ministry of Petroleum, Egypt's local production of diesel fuel covers 75 per cent of the country's consumption needs, while the rest is covered through import.
Egypt's military rulers plan to spend close to $1 billion on diesel this summer, a spike in imports as they brace for a first free presidential election triggered by last year's uprising with a ...
"Haven't seen a crisis like this before," the 46-year-old Mahmoud said, still waiting at noon Monday for a chance to fill up. "People are asleep in their homes and we are here waiting to refuel." ...
* Sells oil to pay bills, leaving less for refineries* Rising fuel import bill compounding payment problems* Political, social unrest limit access to creditBy Julia Payne and Jessica DonatiLONDON, Dec ...
Egypt’s first large-scale hybrid solar and battery plant has begun construction as the country looks to its abundant sunshine ...
Egypt has been grappling with an economic crisis since last year, with the currency plunging, foreign reserves drying up, and inflation surging. This eventually led to the IMF stepping in with a ...
The Central Agency for Public Mobilization and Statistics (CAPMAS) said Egypt's imports of diesel oil upped to dlrs 3.5 billion during 2022 against dlrs 2.2 billion in 2021. In a statement on Sunday, ...
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Egypt faces summer energy dilemma as LNG imports fall - MSNEgypt, which turned from an LNG exporter to importer last year, cannot keep up with ... LNG imports surged to 2.5 billion cubic metres in the first four months of 2025 from 110 million cubic ...
Egypt Plans Spending Cuts as It Faces Economic Crisis. ... (2 min) Bread, rice and cooking oil have been missing from store shelves in Egypt, after the country struggled to pay for imports of ...
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