Finance Ministry to offer eight T-bill, bond tenders worth EGP 190bn this week    US forces capture Maduro in "Midnight Hammer" raid; Trump pledges US governance of Venezuela    Gold slips at start of 2026 as thin liquidity triggers profit-taking: Gold Bullion    ETA begins receiving 2025 tax returns, announces expanded support measures    Port Said health facilities record 362,662 medical services throughout 2025    Madbouly inspects Luxor healthcare facilities as Universal Insurance expands in Upper Egypt    Nuclear shields and new recruits: France braces for a Europe without Washington    Cairo conducts intensive contacts to halt Yemen fighting as government forces seize key port    Gold prices in Egypt end 2025's final session lower    From Niche to National Asset: Inside the Egyptian Golf Federation's Institutional Rebirth    Egyptian pound edges lower against dollar in Wednesday's early trade    Oil to end 2025 with sharp losses    5th-century BC industrial hub, Roman burials discovered in Egypt's West Delta    Egyptian-Italian team uncovers ancient workshops, Roman cemetery in Western Nile Delta    Egypt to cover private healthcare costs under universal insurance scheme, says PM at New Giza University Hospital opening    Egypt completes restoration of 43 historical agreements, 13 maps for Foreign Ministry archive    Egypt, Viatris sign MoU to expand presidential mental health initiative    Egypt sends medical convoy, supplies to Sudan to support healthcare sector    Egypt's PM reviews rollout of second phase of universal health insurance scheme    Egypt sends 15th urgent aid convoy to Gaza in cooperation with Catholic Relief Services    Al-Sisi: Egypt seeks binding Nile agreement with Ethiopia    Egyptian-built dam in Tanzania is model for Nile cooperation, says Foreign Minister    Al-Sisi affirms support for Sudan's sovereignty and calls for accountability over conflict crimes    Egypt flags red lines, urges Sudan unity, civilian protection    Egypt unveils restored colossal statues of King Amenhotep III at Luxor mortuary temple    Egyptian Golf Federation appoints Stuart Clayton as technical director    4th Egyptian Women Summit kicks off with focus on STEM, AI    UNESCO adds Egyptian Koshari to intangible cultural heritage list    Egypt recovers two ancient artefacts from Belgium    Egypt, Saudi nuclear authorities sign MoU to boost cooperation on nuclear safety    Egypt warns of erratic Ethiopian dam operations after sharp swings in Blue Nile flows    Egypt golf team reclaims Arab standing with silver; Omar Hisham Talaat congratulates team    Sisi expands national support fund to include diplomats who died on duty    Egypt's PM reviews efforts to remove Nile River encroachments    Egypt resolves dispute between top African sports bodies ahead of 2027 African Games    Germany among EU's priciest labour markets – official data    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Butane cylinders hit LE60 amid ongoing shortages
Published in Almasry Alyoum on 07 - 02 - 2010

A severe shortage of butane gas cylinders continued to dog Cairo and the provinces Sunday, with the price of a single gas cylinder reaching as high as LE60 on the local black market in some places.
Some members of the public hold the government responsible for the crisis, accusing it of being unable to thwart what they described as the "mafia" manipulating trade and distribution of the commodity.
"When will the government move?" asked Cairo resident Othman Qadri. "When the price of a single cylinder hits LE100?"
Al-Masry Al-Youm managed to take photos of two trucks belonging to the Nile Delta province of Daqahliya (license plate nos. 30 and 31) selling gas cylinders to informal street vendors rather than to licensed distribution outlets. These cylinders quickly ended up on the black market where they were sold at inflated prices.
According to one such vendor, speaking on condition of anonymity, provincial officials sold them cylinders in return for hefty commissions. But a provincial official, also speaking anonymously, claimed he had sold the cylinders to informal vendors--at official prices--because he could not find anyone else to sell them to.
In the coastal city of Alexandria, police intercepted a van loaded with 100 gas cylinders, the owners of which had reportedly been attempting to sell them on the black market. In Damietta, two butane factories were caught filling cylinders with smaller quantities of gas than has been set by the Supply Ministry.
The General Petroleum Authority, for its part, announced it was supplying outlets with 100,000 extra cylinders every day in an effort to meet demand in heavily populated areas. "Since the beginning of February, we've supplied the market with 8 percent more than our usual quota," Authority President Abdel Alim Taha said Sunday.
The shortage in gas cylinders has led to the eruption of fist fights in front of butane distribution outlets in a number of provinces.
In the Middle Egyptian province of Minya, where gas cylinder prices have soared to LE14 each, a number of brawls have been reported. Several people were also reported injured in the delta province of Sharqiya as a result of fights over limited numbers of gas cylinders.
Translated from the Arabic Edition


Clic here to read the story from its source.