Egypt is increasing diesel imports to new highs in July, as it races to secure adequate backup fuel for power generation in ...

Egypt’s diesel imports have set new highs this month as the nation rushes to secure backup fuels for power generation, ...

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.

Now summer's heat is coming, and Egypt's crippling energy crisis is threatening to mount, creating an immediate political liability for the new president to be elected this month.

Egypt's descent into even deeper political turmoil will almost certainly put a multi-billion dollar international bailout on hold and lead to an even more painful economic crisis, with worsening ...

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 ...

Subsidies keep the price of diesel, for example, at about 1 Egyptian pound ($0.14) per liter. By comparison, the same amount of fuel costs $0.95 in neighboring Jordan, which has given rise to the ...

Egypt imports up to 70 per cent of its diesel, which it uses to fuel cars, ... “Some of the crisis is because you have smuggling of this item through time,” said Mr Sobhi.

Egypt is Scrambling For Cheap Oil and LNG as its Energy Crisis Deepens. Editor OilPrice.com. Sun, May 18, 2025 at 9:00 PM UTC. ... feeding Egypt’s LNG export terminals at Idku and Rosetta.

Diesel fuel crisis adds to Egypt's cocktail of political, economic woes Associated Press Published March 11, 2013 4:35pm EDT | Updated January 13, 2015 12:05pm EST ...