Egypt imports 30% of its petroleum needs, and gasoline prices have risen significantly

shorouknews.com (Arabic)

Egypt imports 30% of its petroleum needs, with the price of a ton of gasoline rising significantly. The former head of the Electricity Regulatory Authority stated that the price of a ton of gasoline has increased from approximately $600 to $1000. This price is calculated based on global market rates. Egypt has invested in developing its oil refineries since 2015 to reduce reliance on imported petroleum products by 2030.


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