No rise in fuel prices: cabinetSource: www.export-egypt.com 12/29/2020, Location: Africa |
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The Cabinet media center denied news circulated about raising the fuel prices after amending the cost of fuel used in constructing and refurbishing public roads.
The information center, in a statement, said it contacted the Petroleum and Mineral Resources Ministry which refuted such news. The ministry affirmed keeping the prices of selling fuel to customers unchanged, noting that the prices are quarterly updated by the Egypt's Fuel Automatic Pricing Committee (FAPC). The FAPC is projected to announce the new prices of selling oil products for the coming three months - January, February and March - 2021. In October, the committee (FAPC) has decided to keep gasoline and diesel prices in the local market unchanged till December. It maintained the per-liter prices of 80-octane, 92-octane, and 95-octane gasoline at EGP 6.25, EGP 7.50, and EGP 8.50, respectively. Diesel fuel prices also remained untouched at EGP 6.75 per liter. |
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