Egypt raises gasoline prices by 25 piasters per liter, keeps diesel unchanged

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Fri, 23 Jul 2021 - 08:48 GMT

File- Derrick Washington fills-up after waiting in line for gasoline at the Fuel City service station in the aftermath of Hurricane Harvey, in Dallas, Texas, U.S., September 1, 2017. Reuters

File- Derrick Washington fills-up after waiting in line for gasoline at the Fuel City service station in the aftermath of Hurricane Harvey, in Dallas, Texas, U.S., September 1, 2017. Reuters

CAIRO – 23 July 2021: Egypt's Fuel Automatic Pricing Committee decided to raise gasoline prices by 25 piasters per liter and to keep the prices of diesel and mazut unchanged until the end of September.

The new hike came into effect 9 AM on Friday, local time.

According to the new hike, the new prices per liter will be LE 6.75 for 80 octane gasoline, LE 8 for 92 octane gasoline, and LE 9 for 95 octane gasoline.

The price of diesel will remain standing at LE 6.75 per liter and mazut for the industrial sector will stand at LE 3900 per ton.

The committee said its decisions come due to the exceptional situation the world is witnessing due to the impacts of the coronavirus pandemic.

Egypt has raised the prices of fuel many times over the past few years, the last of which was in April, when the committee raised the price of gasoline by 25 piasters.

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