Egypt welcomes record 19 mln tourists in 2025, outpacing global growth    Egypt confirms safety of citizens in Venezuela after US strikes, capture of Maduro    Egypt's Agiba Petroleum drills two new oil, gas wells in Western Desert    Egyptian pound edges up against dollar in early Sunday trade    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    ETA begins receiving 2025 tax returns, announces expanded support measures    Gold slips at start of 2026 as thin liquidity triggers profit-taking: Gold Bullion    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    From Niche to National Asset: Inside the Egyptian Golf Federation's Institutional Rebirth    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 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.



Petroleum ministry denies rumors of increasing diesel fuel prices
Published in Daily News Egypt on 08 - 03 - 2010

CAIRO: Mahmoud Nazeem, Deputy Minister of Petroleum denied Monday rumors of an increase in the price of diesel fuel, that has led to over-crowding in filling stations.
Taxis, buses, and some private cars have, however, been complaining from diesel fuel shortages. On Sunday queues in some filling stations stretched up to 500 meters.
Local bakeries also complained that they were only able to run their ovens for a limited time and a few tour bus drivers said that they could not meet their travel schedules because of the ongoing shortages, according to local press reports.
Nazeem assured that the fuel sector pumps approximately 40 million liters of diesel fuel daily into local market in Egypt's governorates.
He called on consumers to calm down and ignore rumors of price hikes and decreased the quantities.
"The fuel sector will provide additional quantities of diesel fuel directly to filling stations to be delivered to the consumers as soon as possible and restore the stability at the stations, Nazeem said in a statement sent to Daily News Egypt.
Locally-produced diesel fuel represents nearly 75 percent of total consumption, while the remaining 25 percent is imported. Available reserves in Egypt would cover the 25 percent Egypt imports for more than 20 days, said Nazeem.
One manager of a gas station on Cairo's ring road was quoted in local reports as saying that his daily share of diesel fuel was reduced from 50,000 liters to only 18,000 liters.
Another one claimed that he had to call the police to resolve clashes between taxi drivers who were fed up with waiting in a half-kilometer queue.
He also said that his daily share was slashed to less than the half, from 80,000 liters to 30,000.
In the 2008, the price of diesel fuel (known as solar) went up from LE 0.90 to LE 1.10.
A microbus driver confirmed to Daily News Egypt that there were shortages, but that the fuel was available in the black market for LE 1.25.
However, when Daily News Egypt approached a gas station manager in Dokki, he had no complaints, emphasizing that they didn't face any shortages. He later added that he is not allowed to speak to the press.


Clic here to read the story from its source.